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"It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by … population, and coping with a less accommodative global environment. In this book, economists from China's leading university and … analyses and policy recommendations by a group of top Chinese and American scholars. Whether China succeeds or fails in …
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Existing theories and empirical research on how innovation occurs largely assume that innovativeness is an inherent characteristic of the individual and that people with this innate ability select into jobs that require it. In this paper, we investigate whether people who do not self-select into...
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We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and innate abilities generate inventions of varying qualities. The designer offers a reward to the contestant achieving the highest quality and receives the revenue generated by the...
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