innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production … function than by a continuous innovation measure. Overall, the growth gains that we find are comparable to the ones of the …We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the …

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

geographically and function-ally. They promoted rapid innovation by resorting to systematic Research and Development ef- forts. And … innovation in the econ-omy. Hence, to the extent that policy makers strive to achieve the priorities of citizens, they are …

and the performance of the family firms affect the growth opportunities of the capital market. The aim of the paper is to …

perception of decline be reconciled with a reality of growth? The answer is that the "decline" which is perceived is a decline in … domestic output of goods by and large keeps pace with the growth of GDP. This note summarises the statistical evidence for the …

endogenous economic growth. In the 1st part of the paper the basics of the MWR method are described. Attention is mainly … part of the paper is devoted to the setup of a model of endogenous growth with human capital accumulation and the … of the problem which eliminates the growth in variables is then presented and the MWR method is used to solve the model …

This paper investigates differences in the rate of growth of population across the large city-regions of the EU12 … population growth rates if measured relative to national rather than EU12 values. Once other factors are allowed for, a … systematic and highly significant factor determining rates of urban population growth is climatic variation. Cities with better …