investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …We analyse an economy where managers engage both in the adoption of technologies from the world frontier and in … innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy …

innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive …

-country dynamic Ricardian model with endogenous innovation and hold-up problems, the value chain consists of two activities …, innovation and production. Entry in the market happens through R&D and entrants face two decisions. The 'location decision … perform innovation and production within the same vertically integrated structure or not. In this framework, the quality of …

-enhancing role of innovation and innovation policy. The analysis combines innovation variables with indicators linked to the … formation of adequate social conditions for innovation (the social filter), and spillovers for 31 Mexican states and the Mexico … results stress that, although Mexican innovation policy has been relatively well targeted in order to generate greater …

-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide … theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries bene…t and … potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful …

hinges on risk tolerance and patience. Parents expecting their children to become entrepreneurs have an incentive to instill … entrepreneurs there are in a society hinges, in turn, on parental investments in children's patience and risk tolerance. There can …

Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains … other factors which may condition economic growth, such as innovation, migration, and the local ‘social filter’, taking also … into account the geographical component of intervention in transport infrastructure and innovation. The results of the two …