distortions occurring in oligopoly. Specifically, excessive entry is aggravated and the welfare loss due to market power rises. …

.4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation …Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …

through innovation that explains these facts. The model is a modified version of the Schumpeterian theory of firm evolution …

We utilize a new survey on Norwegian firms' digitalization and technology investments, linked to population …-wide register data, to show that the pandemic massively disrupted the technology investment plans of firms, not only postponing …

In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …

This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … inventors are more prevalent in the first bulk of patents of a country in a given technology, as compared to patents filed at … later stages. We interpret these results as tangible evidence of migrants facilitating the technology-specific diffusion of …

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the … evidence of migrants facilitating the technology-specific diffusion of knowledge across nations. …