effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …

Using a dynamic model of a step-by-step innovation race between financially constrained firms, I study how financial … constraints affect innovation activity. The novel theoretical results derive from an analysis of the interaction between the … incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the …

This article 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 … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …

Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three …) the study of the existence and efficiency of regional innovation systems; and (3) the examination of the geographical … literature by combining in one model R&D, spillovers, and innovation systems approaches. A multiple regression analysis is …

industry-level data. R&D affects both innovation and the assimilation of others’ discoveries (‘absorptive capacity’). Long …

institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …

institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …