Innovation, Employment, and Firm Performance in the German Service Sector

ISBN-13: 9783790814811 / Angielski / Miękka / 2002 / 164 str.

Ulrich Kaiser; U. Kaiser

Opis

Empirical and theoretical evidence on the German service sector is inversely related to its growing overall importance for the entire economy. This monograph offers a comprehensive theory-based econometric treatment of three important and severely understudied issues related to services: innovative activity, the effects of innovation on the demand for labour, and the performance of newly founded firms. In addition, the book contains detailed descriptive statistics on innovative activity, skill mix as well as on growth and current economic importance. It offers researchers, policy makers, and practitioners a unique opportunity to gain knowledge on the new German service economy.

Spis treści

1 Preliminary remarks.- 2 The anatomy of the German service sector.- 2.1 Introduction.- 2.2 Overall economic importance and economic growth.- 2.3 Research and research organization.- 2.4 Employment structures.- 2.5 Firm performance.- 2.6 Conclusions.- 3 Research and research organization.- 3.1 Introduction.- 3.2 Previous game–theoretical approaches.- 3.3 R&D with endogenous absorptive capacity.- 3.3.1 Market demand.- 3.3.2 R&D production function.- 3.3.3 Stage III: Product market competition.- 3.3.4 Stage II: Determination of R&D levels.- 3.3.5 Stage I: R&D cooperation.- 3.4 Data.- 3.5 Measuring knowledge spillovers.- 3.6 Testing the theoretical model.- 3.7 Conclusions.- 3.8 Appendices.- 4 New technologies, wages and employment.- 4.1 Introduction.- 4.2 New technologies and the demand for heterogeneous labor.- 4.2.1 Theoretical framework and empirical implementation.- 4.2.2 Calculating skill–specific and firm–specific labor cost.- 4.2.3 Estimation results.- 4.3 Efficient bargaining and the skill–structure of wages and em-ployment.- 4.3.1 Theoretical framework and empirical implementation.- 4.3.2 Estimation results.- 4.4 Conclusions.- 4.5 Appendices.- 5 Financial distress of newly founded service sector firms.- 5.1 Introduction.- 5.2 Previous studies on firm default.- 5.3 Data.- 5.4 A dynamic model of financial distress.- 5.5 Estimation results.- 5.6 Conclusions.- 5.7 Appendices.- 6 Summary and conclusions.- References.

O autorze

Ulrich Kaiser ist als freier Autor tätig. Der erfolgreiche Sportjournalist war jahrelang Chefredakteur beim Golf Journal . Er schreibt Golf-Kolumnen in verschiedenen Fachmagazinen und Tageszeitungen.