We analyze how expropriation risk reduces incentives for innovation and reallocates resources from the innovative … risk, such as corruption, negatively impacts innovation by reducing R&D expenditure, human capital in R&D, number of … highlight the detrimental effects of expropriation risk on innovation and economic development at the country level …

The contribution made by innovation and new technologies to economic growth and welfare is largely determined by the … neglected one in the economics of innovation. This chapter, written for a handbook on innovation, provides a historical and …

The contribution made by innovation and new technologies to economic growth and welfare is largely determined by the … neglected one in the economics of innovation. This chapter, written for a handbook on innovation, provides a historical and …