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Industrial and Corporate Change
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#1André SpithovenH-Index: 13
#2Peter TeirlinckH-Index: 7
Last. Walter YsebaertH-Index: 2
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#1Giovanni Dosi (Sant'Anna School of Advanced Studies)H-Index: 65
#2Alessandro Nuvolari (Sant'Anna School of Advanced Studies)H-Index: 16
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#1Solon Moreira (TU: Temple University)H-Index: 2
#2Thiago J. C. C. Soares (Insper)H-Index: 1
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#1Luca Grilli (Polytechnic University of Milan)H-Index: 23
#2Paul H. Jensen (Melbourne Institute of Applied Economic and Social Research)H-Index: 22
Last. Haemin Dennis Park (UTD: University of Texas at Dallas)H-Index: 1
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#1Max Jerneck (HHS: Stockholm School of Economics)H-Index: 1
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#1Sam Arts (Katholieke Universiteit Leuven)H-Index: 6
#2Reinhilde Veugelers (Katholieke Universiteit Leuven)H-Index: 39
Matching survey data on Ph.D. scientists and engineers currently working in an R&D job in industry with their publications and patents, we study the relationship between their individual traits and the nature of their inventive performance. We find that individuals with a strong taste for science, i.e. motivated by intellectual challenge, independence, and contribution to society, create more novel and impactful patents. Academic boundary spanning, proxied by scientific publications co-authored ...
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Recent evidence documents the weakness of market selection based on productivity differentials and the absence of cleansing during recessions. This paper argues that a possible explanation lies in the role of competitive rents, i.e., market advantages due to idiosyncrasies of the firm’s demand. Competitive rents allow firms to sustain profit independently of their internal efficiency, creating a selection advantage. During an economic recession, this advantage increases because competitive rents...
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