explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …

Why is invention strongly positively correlated with parental income not only in the US but also in Finland which …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study … combined with higher education policy that alleviates financial frictions for talented youth. Education and innovation policies …