, wie sich die Politik als Rechtsstaat konstitutionalisiert. In Anlehnung an die Arbeiten von William Baumol wird das …

This paper adopts a structural framework to study the process of indigenous innovation and its impact on firm … performance in the People's Republic of China (PRC). Informing the analysis is an unusually rich source of panel data comprising … almost 70,000 private Chinese firms operating in the PRC from 2004 to 2007. Relying on a structural innovation framework, the …

' innovation ability. The World Bank's Enterprise Survey is used first to estimate the return to firms' innovation across many … developing countries, in terms of sales and sales per worker. Then the return to innovation is compared across countries with … quality, property and patent right protection), the return to firms' innovation is lower. This suggests that poor …