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 …

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 …

We test whether intellectual property rights (IPRs) foster or hinder innovation by estimating IV structural equations …

We test whether intellectual property rights foster or hinder innovation by estimating IV structural equations for a …

This paper analyzes the impact of technological diversity on innovation inputs and success using Swiss firm-level panel … applications as suggested by the literature. However, since patent applications reflect an intermediate innovation input rather …

Recent studies in the tradition of Schmookler have re-emphasised the potential role of demand in stimulating innovation …. Here, we reconsider the role of "home" and "export" market demand in stimulating manufacturing innovation using comparable … innovation production functions using panel data estimators over the sample period 1994 to 2005. For a range of innovation …

innovation performance, addressing endogeneity by exploiting within firm variation as well as variation in labor supply across … regions. We find that vertical educational diversity increases the extensive margin of R&D and product innovation …, particularly new product innovation. However, the relationship with process innovation, R&D intensity, and product innovation …