Showing 1 - 10 of 592
We study favoritism via hometown ties, a common source of favor exchange in China, in fellow selection of the Chinese …
Persistent link: https://www.econbiz.de/10012963711
This study examines the contribution of Chinese diaspora researchers – those born in China but working outside the … country – to China's catching up in global science to become a world leader in research publications and citations. Using a … networks that connect scientific discovery in China with the rest of the world. In co-authorship, diaspora researchers are over …
Persistent link: https://www.econbiz.de/10014097447
China during the period 2007–12. The estimated model fits the Chinese data well. We compare the estimates with those …
Persistent link: https://www.econbiz.de/10013309719
This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate...
Persistent link: https://www.econbiz.de/10013134144
Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve...
Persistent link: https://www.econbiz.de/10013105149
Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....
Persistent link: https://www.econbiz.de/10013065176
We develop a model of induced innovation where research effort is a function of the death rate, and thus the potential to reduce deaths in the population. We also consider potential social consequences that arise from this form of induced innovation based on differences in disease prevalence...
Persistent link: https://www.econbiz.de/10013070797
We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random times. By foregoing investment in a current idea, society as a whole preserves an option to invest in a better idea for the same market niche, but with delay. Because successive...
Persistent link: https://www.econbiz.de/10013071185
A well-developed theoretical literature — dating back at least to Nordhaus (1969) — has analyzed optimal patent policy design. We re-present the core trade-off of the Nordhaus model and highlight an empirical question which emerges from the Nordhaus framework as a key input into optimal...
Persistent link: https://www.econbiz.de/10013001206
Research productivity depends on the ability to discern whether an idea is promising, and a willingness to abandon the ones that are not. Economists know little about this process, however, because empirical studies of innovation typically begin with a sample of issued patents or published...
Persistent link: https://www.econbiz.de/10012926402