In this paper, we design two laboratory experiments to analyze the causal effects of competition on step …-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by … that increased competition leads to a significant increase in R&D investments by neck-and-neck firms. Second, increased …

and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research … governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research …

This paper studies the impact of several factors on the geographical distribution of basic scientific research across … leader in basic research. Our study is based on the records of major scientific awards, and on data dealing with global … relative GDP of a country relative to the GDP of all countries engaging in basic research is an important explanatory variable …

The Ruth L. Kirschstein National Research Service Award (NRSA) program is a major research training program … receiving subsequent NIH research awards from 6.3 to 8.2 percentage points and of achieving an NIH-funded R01 award, an … impact of NRSA postdoctoral fellowships on subsequent research-related career outcomes using NIH administrative records on …

for government support in a classic example of rent-seeking. This paper surveys empirical research using more …

mathematics prize) to that of similarly brilliant contenders. The two groups have similar publication rates until the award year …