There is a common perception that low productivity or low growth is due to what can be called an quot;innovation … innovation countries. The usual reaction to this perceived problem is to call for increases in Ramp;D investment rates, usually … innovation shortfall above and beyond the ones that should be expected given the country's specialization and accumulation …

This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration …

This paper studies interactions between access to finance, product innovation, and labor supply in a two … finance (induced by high monitoring costs) has an adverse effect on innovation activity not only directly but also indirectly … share of the labor force engaged in innovation activity, and low growth. A sufficiently ambitious policy aimed at …

innovation and the timing of adoption. The results shed light on the behavioral anomaly called the "energy-efficiency gap" in …

The role of innovation in improving productivity might vary according to a country's relative position in technology … advancement. Frontier countries might benefit more from policies that promote firms' internal innovation (create), while follower … countries would gain more from policies favoring the adoption of existing technologies through innovation outsourcing (buy …

This paper describes and benchmarks innovation activities for a sample of countries in the South Asia region, as well … Asia region can be divided into two groups, in terms of the magnitude and composition of the innovation activities: leaders … (Bangladesh and India) and laggards (Nepal and Pakistan). Leaders present higher rates of innovation activities than laggards and …

percentage point increase in inflation reduces the establishment-level probability of innovation by 4.3 percent but does not …