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obstacles to the Schumpeterian process while board interlocks and a corporate culture of innovation play modest roles …
Persistent link: https://www.econbiz.de/10013492450
Economists have identified product entry and exit as a primary channel through which innovation impacts economic growth … innovation. These results shed light on the economic consequences of innovation by high-skill immigrant to the United States …
Persistent link: https://www.econbiz.de/10012914704
Family firms are typically associated with negative characteristics, including lower tendencies towards innovation, a … innovation, and that their commercial efforts were enhanced by association with family firms. Their formerly invisible …
Persistent link: https://www.econbiz.de/10013030075
Statistical agencies typically impute inflation for disappearing products based on surviving products, which may result in overstated inflation and understated growth. Using U.S. Census data, we apply two ways of assessing the magnitude of “missing growth” for private nonfarm businesses from...
Persistent link: https://www.econbiz.de/10012943196
innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …
Persistent link: https://www.econbiz.de/10013063823
Recent work has revived the Schumpeterian hypothesis that recessions facilitate innovation and growth. But a major …
Persistent link: https://www.econbiz.de/10013229071
Existing theories and empirical research on how innovation occurs largely assume that innovativeness is an inherent … differently than those who do self-select into innovating. To test these questions, we designed and implemented an innovation …
Persistent link: https://www.econbiz.de/10012927018
the relation between spatial competition, craft guilds and innovation, and (ii) by showing the calibrated model correctly …
Persistent link: https://www.econbiz.de/10012916601
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10013047034
It is important to understand the factors that influence a country's transition from the production of low-quality to high-quality products since the production of high-quality goods is often viewed as a pre-condition for export success and, ultimately, for economic development. In this paper,...
Persistent link: https://www.econbiz.de/10013070597