Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …

' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …

accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 …,300 members across active economic societies in Germany with those of patent holders and World's Fair exhibitors, we show that … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence …

The loans of the IMF, World Bank, and other multilateral development banks (MDBs) are excluded from debt restructuring …

inventors. Our results generalize the evidence of previous studies that show how migrant inventors "import" knowledge from their … knowledge across nations. …