plagued by low pay-off in relation to very high investments in R&D and innovation efforts. Using new data, we show that this … related to the Swedish paradox. We take account of the history of innovation policy in Sweden and – on the basis of the …

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

plagued by low pay-off in relation to very high investments in R&D and innovation efforts. Using new data, we show that this … related to the Swedish paradox. We take account of the history of innovation policy in Sweden and – on the basis of the …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …