'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 …

We study how innovation and technology diffusion interact to endogenously determine the productivity distribution and … balance of adoption and innovation determines the shape of the distribution; innovation stretches the distribution, while … adoption compresses it. Whether and how innovation and diffusion contribute to aggregate growth depends on the support of the …

Improved health, equity, macro-economic efficiency, efficient provision of care, and client satisfaction are the common …

This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … process innovation. There are strong reasons why an efficient economy ought to concentrate both job creation and destruction … policies can restore economic efficiency …

of creative destruction, we draw a distinction between technological innovation advanced by the firm, or its competitors …. Using administrative data from the United States, we find that own firm innovation is associated with a modest increase in … worker earnings growth, while innovation by competing firms is related to lower future worker earnings. Importantly, these …

revolutions, the nature of this uncertainty changes from idiosyncratic to systematic. The resulting "bubbles" in stock prices are … observable ex post but unpredictable ex ante, and they are most pronounced for technologies characterized by high uncertainty and …