innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues … we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for …

our key results to alternative data sets. -- China ; investment ; growth ; productivity ; capital market distortions … role of rising rates of investment. Because labor reallocation across sectors, TFP growth at the sector level and … investment are all inter-related, simple growth decompositions that are often used in the literature are not appropriate for …

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

identified in the structural literature through which EPL-induced job reallocation affects productivity, innovation, and overall … job allocation across industries, firms, and workers, and its implications for innovation and economic growth. We analyze …

industries is highly correlated, identifiable shocks, like shocks to productivity, are far less correlated. While previous work …

We study a search model where workers can send multiple applications to high and low productivity firms. Firms that … equilibrium where workers mix between sending both applications to the high and both to the low productivity sector. Efficiency …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … very important but specific function in the economy. They engender relatively much employment creation, productivity growth …