that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …

innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …

-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

This paper extends the Schumpeterian model of creative destruction by allowing followers' cost of innovation to …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades …, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth … technological innovation to raise labor productivity. This paper identifies three reasons why technological innovation has become …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …