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innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of … inequality which do not focus on top incomes, and that innovation is positively correlated with social mobility, but less so in …
Persistent link: https://www.econbiz.de/10013021154
growth institutions; and (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth …
Persistent link: https://www.econbiz.de/10013063792
growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010951386
institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010869049
institutions; and (iv) the emergence and impact of long-term technological waves. In each case, Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10014025596
growth institutions; (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth theory …
Persistent link: https://www.econbiz.de/10010741440
growth institutions; and (iv) the emergence and impact of long-term technological waves. In each case Schumpeterian growth …
Persistent link: https://www.econbiz.de/10010822920
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010821771
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 …
Persistent link: https://www.econbiz.de/10012203396
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 …
Persistent link: https://www.econbiz.de/10012389582