effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …

Many cultural products have the same nonrival nature as scientific knowledge. They therefore face identical … creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …