Showing 1 - 10 of 183
innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …
Persistent link: https://www.econbiz.de/10010822886
entrant or incumbent firm. If the inventor works for the entrant the innovation is implemented and the entrant displaces the …
Persistent link: https://www.econbiz.de/10014358298
Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … a higher rate of survival, as well as growth in employment and revenue but not in productivity – the result that we also … confirm using a regression discontinuity design. We build a firm dynamics model, where we allow firms to invest in innovation …
Persistent link: https://www.econbiz.de/10014110987
entrant or incumbent firm. If the inventor works for the entrant the innovation is implemented and the entrant displaces the …
Persistent link: https://www.econbiz.de/10014248003
innovation-led growth into the Chamley-Judd framework, using a Schumpeterian growth model where productivity … on the market size for innovation. At the same time, for a given labor supply, taxing capital also reduces innovation …
Persistent link: https://www.econbiz.de/10013063825
How do political connections affect firm dynamics, innovation, and creative destruction? We extend a Schumpeterian … how political connections influence an economy's business dynamism and innovation, and generate a number of implications … growth in employment and revenues, but not in productivity. This result was also confirmed using the regression discontinuity …
Persistent link: https://www.econbiz.de/10014240947
Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (i) the positive association between parental income...
Persistent link: https://www.econbiz.de/10014255610
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012104042
How do political connections affect firm dynamics, innovation, and creative destruction? To answer this question, we … build a firm dynamics model, where we allow firms to invest in innovation and/or political connection to advance their … productivity and to overcome certain market frictions. Our model generates a number of theoretical testable predictions and …
Persistent link: https://www.econbiz.de/10012203396
Persistent link: https://www.econbiz.de/10012144547