studying institutions and technological innovation and examining how human capital and institutional constraints affect the …

opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …

the links between innovation and institutions. Using cross-country data and the instrumental variable method, this study … boost an economy’s rate of innovation. Most of the previous literature on institutional and economic performance finds a … of institutions on innovation spillover to the growth rate of GDP per capita, this paper shows evidence of a growth …

spillovers into a two-country dynamic model of innovation with the dynamic optimization of an infinitely-lived consumer. In the … model, innovation productivity in each country endogenously increases over time because of domestic learning-by-doing and …