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 …

Technological progress is considered as a source of growth and productivity gains for national economies. Thus …

This paper investigates the hypothesis that economic growth is critical in inducing well-being during economic reforms …. The regional (16 Indian states and 28 Chinese provinces) level study of India and China show that the quality of growth … indicators through multivariate statistical method of factor analysis. We estimate economic growth (per capita income, real …

disease, on human capital investment decisions and income growth. This research is particularly relevant to Sub-Saharan Africa … given the dramatic reduction in life expectancy due to HIV/AIDS and the potential lasting effects on growth. Our results … indicate that as life expectancy shortens so does schooling inducing a lower growth rate of income. These relationships are …