significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …

and on technological innovation. The extended regime in which cooperation takes place on both dimensions (GHG emissions … innovation and diffusion (without targets on emissions). …

target areas with market failures. We estimate a structural model of fiber entry using a rich dataset on fiber deployment for … subsidies were granted to municipalities where private entry would not have occurred. Overall, we estimate the cost of …

An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …

paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing … product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … industries, and in which the scope for deterring entry through patenting is not too large. Our empirical findings are in line …