Labor laws and innovation
"Can stringent labor laws be efficient? Possibly, if they provide firms with a commitment device to not punish short-run failures and thereby incentivize the pursuit of value-maximizing innovative activities. In this paper, we provide empirical evidence that strong labor laws indeed appear to h...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
London
2009
CEPR |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19188484124919066669-Labor-laws-and-innovation.htm |
