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Young, Restless and Creative : Openness to Disruption and Creative Innovations
Acemoglu, Daron - 2015
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …
Persistent link: https://www.econbiz.de/10013034169
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Buy, Keep or Sell : Economic Growth and the Market for Ideas
Akcigit, Ufuk - 2016
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10013006902
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Buy, Keep or Sell : Economic Growth and the Market for Ideas
Akcigit, Ufuk - 2013
An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...
Persistent link: https://www.econbiz.de/10012458900
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Taxation, Corruption, and Growth
Aghion, Philippe - 2016
We build an endogenous growth model to analyze the relationships between taxation, corruption, and economic growth. Entrepreneurs lie at the center of the model and face disincentive effects from taxation but acquire positive benefits from public infrastructure. Political corruption governs the...
Persistent link: https://www.econbiz.de/10012999995
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Back to Basics : Basic Research Spillovers, Innovation Policy and Growth
Akcigit, Ufuk - 2014
firms. Our key finding is that standard innovation policies (e.g., uniform R&D tax credits) can accentuate the dynamic …
Persistent link: https://www.econbiz.de/10013062730
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Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
Akcigit, Ufuk; Ates, Sina - 2022
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10013314336
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Ten Facts on Declining Business Dynamism and Lessons from Endogenous Growth Theory
Akcigit, Ufuk - 2019
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012479706
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Taxation, Corruption, and Growth
Aghion, Philippe - 2016
We build an endogenous growth model to analyze the relationships between taxation, corruption, and economic growth. Entrepreneurs lie at the center of the model and face disincentive effects from taxation but acquire positive benefits from public infrastructure. Political corruption governs the...
Persistent link: https://www.econbiz.de/10012456744
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Back to Basics : Basic Research Spillovers, Innovation Policy and Growth
Akcigit, Ufuk - 2013
firms. Our key finding is that standard innovation policies (e.g., uniform R&D tax credits) can accentuate the dynamic …
Persistent link: https://www.econbiz.de/10012459189
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Committing to Grow : Privatizations and Firm Dynamics in East Germany
Akcigit, Ufuk; Alp, Harun; Diegmann, André; … - National Bureau of Economic Research - 2023
This paper investigates a unique policy designed to maintain employment during the privatization of East German firms … after the fall of the Iron Curtain. The policy required new owners of the firms to commit to employment targets, with … penalties for non-compliance. Using a dynamic model, we highlight three channels through which employment targets impact firms …
Persistent link: https://www.econbiz.de/10014337877