This paper looks at the interplay between human capital and innovation in the presence of climate and educational … moderate, short-term consumption loss. Human capital is complement to all forms of innovation and an educational policy … stimulates both energy and general purpose innovation. This result has important policy implications considering the growing …

detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent … churning - particularly product rationalization - is far less common in India. We thus find little evidence of "creative …

This paper analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is …. Innovative areas in China, rather than generate knowledge spillovers, seem to produce strong backwash effects. In India, by …

sustainability. We show that the dual democratic mechanism – rejection/support rewards (RSRs) for politicians and elections – can … achieve sustainability. RSRs stipulate that incumbents who are not re-elected, but obtain the majority support among young …