Ideological debates on the role of government in development have focused on two contrasting prescriptions: one calling …

This paper documents the major transformation of higher education that has been underway in China since 1999 and … evaluates its potential global impacts. Reflecting China's commitment to continued high growth through quality upgrading and the … stages of development instead stressed primary and secondary education. The number of undergraduate and graduate students in …

that the only industries in which listed companies in China display strong performance are public utilities, transportation …

China presents several macroeconomic patterns that appear inconsistent with standard stylized facts about economic … development and hence inconsistent with the standard neoclassical growth model. We show that Chinese macroeconomic patterns …

composition of beta testers appears to impact VC decision making and the entrepreneur's subsequent product development efforts …

products to China. We find causal evidence that offshoring impacts both the level and nature of innovation. In the technologies … directly related to product categories that could be offshored more easily after the policy shock, overall innovation levels … decline and innovative effort shifts away from product innovation and towards process innovation. However, we also find …

This paper is an attempt to explain diffusion in the production of an innovation. Diffusion in production is defined as … innovation. The principal variable that explains diffusion of entry is the demonstration effect. The principal variable that …

policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …