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Agrawal, Ajay K.; Goldfarb, Avi; Catalini, Christian - National Bureau of Economic Research (NBER) - 2011

Perhaps the most striking feature of "crowdfunding" is the broad geographic dispersion of investors in small, early-stage projects. This contrasts with existing theories that predict entrepreneurs and investors will be co-located due to distance-sensitive costs. We examine a crowdfunding setting...

Persistent link: https://www.econbiz.de/10008855521

Intellectual property rights policy, competition and innovation

Acemoglu, Daron; Akcigit, Ufuk - In: Journal of the European Economic Association 10 (2012) 1, pp. 1-42

Persistent link: https://www.econbiz.de/10009491299

Return of the Solow Paradox? IT, Productivity, and Employment in U.S. Manufacturing

Acemoglu, Daron; Autor, David; Hanson, Gordon; Dorn, David - National Bureau of Economic Research (NBER) - 2014

An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...

Persistent link: https://www.econbiz.de/10010950826

Contracts and the Division of Labor

Acemoglu, Daron; Antras, Pol; Helpman, Elhanan - National Bureau of Economic Research (NBER) - 2005

We develop a tractable framework for the analysis of the relationship between contractual incompleteness, technological complementarities, and technology adoption. In our model a firm chooses its technology and investment levels in contractible activities by suppliers of intermediate inputs....

Persistent link: https://www.econbiz.de/10005714808

University Research, Industrial R&D, and the Anchor Tenant Hypothesis

Agrawal, Ajay K.; Cockburn, Iain M. - National Bureau of Economic Research (NBER) - 2002

innovation system,' and these appear to vary markedly in their ability to convert local academic research into local commercial … innovation. We develop and test the hypothesis that the presence of a large, local, R&D-intensive firm an anchor tenant' enhances … the productivity of local innovation systems by making local university research more likely to be absorbed by and to …

Persistent link: https://www.econbiz.de/10005718229

Brain Drain or Brain Bank? The Impact of Skilled Emigration on Poor-Country Innovation

Agrawal, Ajay K.; McHale, John; Kapur, Devesh - National Bureau of Economic Research (NBER) - 2008

The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its …

Persistent link: https://www.econbiz.de/10005777387

Social Structure and Development: A Legacy of the Holocaust in Russia

Acemoglu, Daron; Robinson, James Alan; Hassan, Tarek A. - National Bureau of Economic Research (NBER) - 2010

We document a statistical association between the severity of the persecution and mass murder of Jews (the Holocaust) by the Nazis during World War II and long-run economic and political outcomes within Russia. Cities that experienced the Holocaust most intensely have grown less, and cities as...

Persistent link: https://www.econbiz.de/10008634701

Economic and Political Inequality in Development: The Case of Cundinamarca, Colombia

Acemoglu, Daron; Robinson, James Alan; Bautista, María … - National Bureau of Economic Research (NBER) - 2007

Is inequality harmful for economic growth? Is the underdevelopment of Latin America related to its unequal distribution of wealth? A recently emerging consensus claims not only that economic inequality has detrimental effects on economic growth in general, but also that differences in economic...

Persistent link: https://www.econbiz.de/10005830802

Modeling Inefficient Institutions

Acemoglu, Daron - National Bureau of Economic Research (NBER) - 2006

Why do inefficient %uF818 non-growth enhancing %uF818 institutions emerge and persist? This paper develops a simple framework to provide some answers to this question. Political institutions determine the allocation of political power, and economic institutions determine the framework for...

Persistent link: https://www.econbiz.de/10005036822

A Dynamic Theory of Resource Wars

Acemoglu, Daron; Golosov, Mikhail; Yared, Pierre; … - National Bureau of Economic Research (NBER) - 2011

We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The interaction between the scarcity of resources and the incentives for war in the presence of limited commitment is at the center of our theory. We show that a key parameter...

Persistent link: https://www.econbiz.de/10008788778