This paper explores intergenerational transmission of culture and the consequences of a plausible assumption: that … people care not only for their children's culture but also for how their grand-children are raised. This departs from the …

institutional environment. In this paper, we address these issues by modeling the joint evolution of institutions and culture. In …

We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to … into the United States, comprehensive data for quantifying immigrant entrepreneurship are difficult to assemble. We combine …

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 …

. -- tax structure ; taxation ; social values ; culture …

Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms' innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …