Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Research Seminar in International Economics, University … - 2008
the inverted U effect of competition on innovation. There is weak evidence that firms in a more pro-business environment … is weak evidence that firms in a more pro-business environment invest more in
innovation and are more likely to display …, in an extension to this model Aghion et al., (2005b)
predict that firms located in regions with more pro-business …