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

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …

long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional "trapped factor" effect. Starting …

, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …

There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the … impact of two such external knowledge acquisition strategies, ‘buy’ and ‘cooperate’, on firm’s product innovation performance … while both ‘buy’ and ‘cooperate’ have a positive effect on innovation, there is little statistical evidence that using them …

There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the … impact of two such external knowledge acquisition strategies, ‘buy’ and ‘cooperate’, on firm’s product innovation performance … while both ‘buy’ and ‘cooperate’ have a positive effect on innovation, there is little statistical evidence that using them …