Does innovation create or destroy jobs?
نویسندگان
چکیده
منابع مشابه
Do Corporate Global Environmental Standards Create or Destroy Market Value
Glen Dowell • Stuart Hart • Bernard Yeung 263 College of Business, University of Notre Dame, Notre Dame, Indiana 46556 Kenan-Flagler Business School, University of North Carolina, Chapel Hill, North Carolina 27599 New York University, Stern School of Business, 44 W 4th Street, Room 7/65, New York, New York 10012, and William Davidson Institute, University of Michigan Business School, Ann Arbor,...
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We analyze several hundred firms that expand via acquisition and0or increase their number of business segments. The combined market reaction to acquisition announcements is positive but acquiring firm excess values decline after the diversifying event. Much of the excess value reduction occurs because our sample firms acquire already discounted business units, and not because diversifying destr...
متن کاملDoes Competition Destroy Ethical Behavior?
This paper shows that conduct described as unethical and blamed on “greed” is sometimes a consequence of market competition. I illustrate this observation using examples of five censured activities: employment of children, corruption, excessive executive pay, corporate earnings manipulation, and involvement of universities in commercial activities. In all these examples, I show how competitive ...
متن کاملPolicies to Create and Destroy Human Capital in Europe
Policies to Create and Destroy Human Capital in Europe Trends in skill bias and greater turbulence in modern labor markets put wages and employment prospects of unskilled workers under pressure. Weak incentives to utilize and maintain skills over the life-cycle become manifest with the ageing of the population. Reinvention of human capital policies is required to avoid increasing welfare state ...
متن کاملDo new competitors, new customers, new suppliers,... sustain, destroy or create sustained protability?
A new player, e.g., an entrant, joining an existing game generally allows more value to be created, but also creates new alternatives for existing players. Greater value expands the range of equilibrium appropriation levels for an existing player, in particular, lowering the minimum equilibrium appropriation. The emergence of new alternatives has the opposite e¤ect. We say a player has competit...
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ژورنال
عنوان ژورنال: Communications of the ACM
سال: 2014
ISSN: 0001-0782,1557-7317
DOI: 10.1145/2685035