We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal … excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …

The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, is the key parameter in determining sustained growth in a model with endogenous technological change. This paper … takles the extremely important task of identifying and estimating a production function of innovation for European regions …

To explain the importance of scientific research and technological innovation for industrial countries and in … a historical and theoretical perspective on scientific-technological innovation and its importance for industrial growth …Explains the importance of scientific research and technological innovation for industrial countries and in particular …

may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

determined by the industrial development triggered by changes in domestic demand, increases in FDI, intensive innovation efforts …

of industrial policies towards innovation. In line with this trend, the European Union significantly increased its … economic growth. Regional innovation policies display divergent returns according to different institutional conditions and … results show that better performing innovation strategies require the following factors: clear choices of locally congruent …

causal effect of human capital on income, net of the innovation channel. …