innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to … innovation) and the benefits associated with returns to scale. We derive conditions for optimal diversity under different regimes …

Political activism positively affects firm innovation. Firms that support more politicians, politicians on … innovation. The results are consistent with the hypothesis that political activism is valuable because it helps reduce political … uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that politically active firms …

about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …

diffusion of technological innovation. This study shows, using global data of countries, that institutional change, based on a … relation between technological innovation and level of democracy can be explained with following factors: higher economic … technological innovation can sustain best practices of political economy for the development of economies in the presence of …

origin and diffusion of technological innovation across economies. This study suggests that institutional change, based on a … of technological innovation, can propose best practices directed to support a higher economic freedom in society … technological innovation to govern the development of economies in the presence of globalization and geographical expansion in world …

regulatory issue of spurring the innovation dynamics of financial markets while ensuring systemic stability and sustainability …

's conceptualizations of social rules and norms, in particular when it comes to evolutionary processes and innovation dynamics. …

The U.S. promotes and produces innovation through a wide range of interdependent institutions, ranging from the grant …" innovation is and in part on how amenable certain types of innovation are to certain forms of institutional provision. To put it … more concretely, (1) innovation is a public good that acts as an input for producing a wide range of dependent goods …