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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
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Despite several studies exploring innovation activities in the Philippines, no clear answer has been provided to the … question of whether having foreign linkages can induce knowledge transfer and innovation. This study probes deeper into the … role of foreign linkages to innovation activities of manufacturing firms in the CALABARZON region. Utilizing a probit …
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