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examiners to identify the causal effect of a US patent grant on the subsequent export performance of Chinese firms. Successful … first-time patent applicants achieve significantly higher export growth, compared to otherwise similar first-time applicants … constraints or the promotion of follow-on innovation. …
Persistent link: https://www.econbiz.de/10014434285
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011398011
This paper explains both the onset of the financial crisis in 1998 and the striking economic recovery afterwards in Russia and other Former Soviet Union (FSU) economies. Before the crisis banks do not lend to the real sector of the economy and firms use non-bank finance, including trade credits...
Persistent link: https://www.econbiz.de/10011514178
effects of labour standards on export performance and foreign direct investment flows. Overall, our empirical results suggest …
Persistent link: https://www.econbiz.de/10011514094
productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …The diffusion of knowledge in the world generates positive externalities if knowledge flows increase the productivity … of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining …
Persistent link: https://www.econbiz.de/10011410671
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024
alleviating credit constraints for high productivity firms. After the reform, better access to credit allowed these firms to … across firms, thus raising aggregate productivity. …
Persistent link: https://www.econbiz.de/10011735891
Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
' management competency is associated with a 7.5 percent improvement in sales productivity and a 29.2 increase in profitability … convenience of accessing a larger export market in the South. The gap persists even after controlling for known sources of …
Persistent link: https://www.econbiz.de/10014477795
exogenous to firms export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … percentage points in the export share of German manufacturing firms. The evidence is robust to several alternative specifications …
Persistent link: https://www.econbiz.de/10011402447