innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …

the choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted …-country evidence consistent with this pattern. Our measures of creative innovations proxy for innovation quality (average number of …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …