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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10012482599
Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs …
Persistent link: https://www.econbiz.de/10012482371
quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …
Persistent link: https://www.econbiz.de/10012455413