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Agrawal, Ajay K.; Goldfarb, Avi; Catalini, Christian - National Bureau of Economic Research (NBER) - 2011

Perhaps the most striking feature of "crowdfunding" is the broad geographic dispersion of investors in small, early-stage projects. This contrasts with existing theories that predict entrepreneurs and investors will be co-located due to distance-sensitive costs. We examine a crowdfunding setting...

Persistent link: https://www.econbiz.de/10008855521

University Research, Industrial R&D, and the Anchor Tenant Hypothesis

Agrawal, Ajay K.; Cockburn, Iain M. - National Bureau of Economic Research (NBER) - 2002

innovation system,' and these appear to vary markedly in their ability to convert local academic research into local commercial … innovation. We develop and test the hypothesis that the presence of a large, local, R&D-intensive firm an anchor tenant' enhances … the productivity of local innovation systems by making local university research more likely to be absorbed by and to …

Persistent link: https://www.econbiz.de/10005718229

Brain Drain or Brain Bank? The Impact of Skilled Emigration on Poor-Country Innovation

Agrawal, Ajay K.; McHale, John; Kapur, Devesh - National Bureau of Economic Research (NBER) - 2008

The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its …

Persistent link: https://www.econbiz.de/10005777387

Empirical Studies of Innovation in the Knowledge Driven Economy

Hall, Bronwyn H; MAIRESSE, Jacques - National Bureau of Economic Research (NBER) - 2006

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

Persistent link: https://www.econbiz.de/10005050393

Measuring the Returns to R&D

Hall, Bronwyn H; MAIRESSE, Jacques; Mohnen, Pierre - National Bureau of Economic Research (NBER) - 2009

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...

Persistent link: https://www.econbiz.de/10008624599

Under the Thumb of History? Political Institutions and the Scope for Action

Duflo, Esther; Banerjee, Abhijit - National Bureau of Economic Research (NBER) - 2014

This paper discusses the two leading views of history and political institutions. For some scholars, institutions are mainly products of historical logic, while for others, accidents, leaders, and decisions have a significant impact. We argue that while there is clear evidence that history...

Persistent link: https://www.econbiz.de/10010951199

Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya

Duflo, Esther; Kremer, Michael; Dupas, Pascaline - National Bureau of Economic Research (NBER) - 2008

To the extent that students benefit from high-achieving peers, tracking will help strong students and hurt weak ones. However, all students may benefit if tracking allows teachers to present material at a more appropriate level. Lower-achieving pupils are particularly likely to benefit from...

Persistent link: https://www.econbiz.de/10005248909

Women's Empowerment and Economic Development

Duflo, Esther - National Bureau of Economic Research (NBER) - 2011

Women's empowerment and economic development are closely related: in one direction, development alone can play a major role in driving down inequality between men and women; in the other direction, empowering women may benefit development. Does this imply that pushing just one of these two...

Persistent link: https://www.econbiz.de/10009403418

Powerful Women: Does Exposure Reduce Bias?

Duflo, Esther; Pande, Rohini; Beaman, Lori A.; … - National Bureau of Economic Research (NBER) - 2008

We exploit random assignment of gender quotas across Indian village councils to investigate whether having a female chief councillor affects public opinion towards female leaders. Villagers who have never been required to have a female leader prefer male leaders and perceive hypothetical female...

Persistent link: https://www.econbiz.de/10005777665

The Medium Run Effects of Educational Expansion: Evidence from a Large School Construction Program in Indonesia

Duflo, Esther - National Bureau of Economic Research (NBER) - 2002

This paper studies the medium run consequences of an increase in the rate of accumulation of human capital in a developing country. From 1974 to 1978, the Indonesian government built over 61,000 primary schools. The school construction program led to an increase in education among individuals...

Persistent link: https://www.econbiz.de/10005050070