We construct an endogenous growth model that includes a cultural variable along the dimension of individualism … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

growth and development. However due to China's silent rise as a major global economic power many countries particularly in …Over the past few decades China has emerged as an alternative model of development especially for countries in Asia and … Africa. Not only has China achieved impressive growth rates, lifted almost half a billion people out of poverty but has also …

The World Bank is uniquely positioned to identify and disseminate innovative development practices. Based on his thirty … Bank focusing on dominant development paradigms, client and stakeholder relationships and the organization's operational …

of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that … face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …

of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that … face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …

of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that … face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate … patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …

at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth …This article studies the role of technology drivers in catching up at different stages of development. Countries can be …] can play different roles to accelerate the rate of growth and change their relative position in the leadership rank (win …

Innovation is key for economic growth and well-being. The capacity for innovation, however, is profoundly influenced by …

without a universal definition. This article presents the constitutive elements of economic development, such as growth …Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term …, distribution, and innovation. Economic development has been ubiquitous with the economic progress of “developing” countries, but …