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the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …
Persistent link: https://www.econbiz.de/10012895014
There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …
Persistent link: https://www.econbiz.de/10013065646
Irving Berlin and Cole Porter were two of the great experimental songwriters of the Golden Era. They aimed to create songs that were clear and universal. Their ability to do this improved throughout much of their careers, as their skill in using language to create simple and poignant images...
Persistent link: https://www.econbiz.de/10013154569
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10013106293
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements …
Persistent link: https://www.econbiz.de/10013070230
A market-size-only theory of industrialization cannot explain why England developed nearly two centuries before China … the relation between spatial competition, craft guilds and innovation, and (ii) by showing the calibrated model correctly …
Persistent link: https://www.econbiz.de/10012916601
/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three … time. In contrast the North‐China gap falls from 57.2 to 13.1 between 1990 and 2009, and India from 70.4 to 38.1 using … market exchange rates and from 23.4 to 5.5 for China and from 20.7 to 11.4 for India using PPP rates. We calculate the …
Persistent link: https://www.econbiz.de/10013113158
From the perspective of conditional convergence, China's GDP growth rate since 1990 has been surprisingly high. However …, China cannot deviate forever from the global historical experience, and the per capita growth rate is likely to fall soon … from around 8% per year to a range of 3 4%. China can be viewed as a middle-income convergence-success story, grouped with …
Persistent link: https://www.econbiz.de/10013001222
substantially shift towards Asia and especially towards the Asian Giants, China and India. While such forecasts may pan out, there … are substantial reasons that China and India may grow much less rapidly than is currently anticipated. Most importantly … discontinuities account for a large fraction of the variation in growth rates. We suggest that salient characteristics of China …
Persistent link: https://www.econbiz.de/10013045644
convergence among the provinces of China during the period 1952-1993. We find that real income convergence of provinces in China … coastal and interior provinces, rather than increase in variance within each other. Therefore, it seems that China is now on a …
Persistent link: https://www.econbiz.de/10013233027