crowding out. Our findings suggest that rewards can improve innovation and creativity, and that there may be a tradeoff between …

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …

In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since … transformed into marginal effects, in order to represent the changes in the probability of finding a negative significant … can explain to a large extent why empirical estimates of the investment-uncertainty relationship differ. …

may increase the probability thatgood decisions are made. Our most surprising result is that when there are no direct cost … ofcommunication and communication can only help to identify the truth, more communication may reducethe probability that a correct …

effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the … is, the growth-uncertainty relationship depends on whether returns to scale in knowledge creation are increasing or non …

countries. An overall evaluation requires that attention is given to the perception and endogeneity of uncertainty …