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for firm entry, competitiveness, and market power. I calibrate a Schumpeterian model of endogenous growth with … distribution and a measure of firm markup are endogenously determined on a balanced growth path. I find that a spread in the wealth …
Persistent link: https://www.econbiz.de/10012670916
In recent decades, economic growth in countries around the world has become increasingly dependent on the dynamism of …
Persistent link: https://www.econbiz.de/10012012467
The present paper assesses the interactions between innovation and economic institutions within the context of the … inequality-growth nexus. By carrying out fixed effects estimations on a cross-country panel, we find that both institutional … quality and innovations improve economic growth at the expense of income equality. We show that the marginal effects of …
Persistent link: https://www.econbiz.de/10014434530
This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...
Persistent link: https://www.econbiz.de/10009774302
through infrastructure, education, market development, and innovation investment. Further research is needed to explore the …
Persistent link: https://www.econbiz.de/10015374183
providing relatively weak incentives for core activities in the innovation process. Our analysis uncovers that the drivers of …
Persistent link: https://www.econbiz.de/10014046407
and patent clearance. As a consequence, device-level licensing would likely have a chilling effect on innovation and …: Licensing at a value chain level where transaction costs are minimal; and licensing in a way that promotes downstream innovation …
Persistent link: https://www.econbiz.de/10013237701
growth and diversification of many digital firms lead to a situation of broad-spectrum competition that cuts across markets … perspective advances a policy stance that favors innovation …
Persistent link: https://www.econbiz.de/10013238612
and bank loans in the early financing of new firms and the relationship between financing choice and subsequent innovation … mix I use a two-stage analysis to probe the relationship between financing and innovation. In a novel strategy, I exploit … the role of entrepreneurial optimism to discern the relationship between debt financing and innovation outcomes …
Persistent link: https://www.econbiz.de/10013070165
due to the change in the research paradigm observed in this study and the development of new themes, such as innovation …
Persistent link: https://www.econbiz.de/10015331618