excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …

by the number of publications originating from Chinese research institutions. China's rise in science has the potential … it. In this manuscript, we study how fertile Chinese research is, as measured by citations. Using publication and … research, Chinese PIs' articles receive 28% fewer citations from US researchers. Our results imply that US researchers do not …

Can diversity lead to greater research focus on populations underrepresented in science? Between 1960 and 1990, 76 all … coeducation led to a 44% increase in gender-related research publications. This increase is driven by research focused on female … gender topics, much of the increase comes from male incumbent researchers shifting their research focus toward gender …

The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV … (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However …, most R&D investment projects are open to competing firms in the same industry or line of business, and so the strategic …

&D investment. As this is very controversial from an empirical perspective, a stochastic Poisson model of endogenous business cycles … and growth is presented where the determinants of the cyclical behaviour of R&D investment are analytically studied …