either mayflies or longdistance runners. -- Entry and exit ; growth ; hit-and-run competition ; innovation ; dynamic panel …

is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be persistent. This …

that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …

may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

This paper presents an extended model of cumulative growth in which the effects of innovation and catching-up are … considered. The effect of innovation adds another source of cumulative growth to that of the traditional models and allows for …-Kaldor mechanism, and the induced effect of innovation on export performance, are important cumulative forces that interact with the …

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … innovation. First, intermediation allows us to finance more transactions with fewer assets. Second, it ameliorates certain …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations …