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external finance, to identify a causal effect of bank credit supply on firm investment in innovation. We show that firms that …
Persistent link: https://www.econbiz.de/10012137482
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts: In emerging Asia, real depreciations are associated with faster growth of...
Persistent link: https://www.econbiz.de/10011798860
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A key concept in the economics of innovation is the 'public good' nature of knowledge. This generates a tension between … incentivizing knowledge production by allowing knowledge creators appropriate the economic benefits and encouraging its diffusion to …
Persistent link: https://www.econbiz.de/10012020056
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