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about how unit and head characteristics affect the assignment of heads to units and resource allocation within the firm … resource allocation. …
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those that succeed at rent-seeking. Second, such activities affect the allocation of resources within firms because rent …-seeking drives resources away from innovation. These two channels can help in understanding why Argentina has more misallocation …
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Census data for 1990/91 indicate that Australian and Canadian female immigrants appear to have higher levels of English fluency, education, and income (relative to natives) than do U.S. female immigrants. This skill deficit for U.S. female immigrants arises in large part because the United...
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. Under speed-dependent evolution, a patent-based system will fail to target socially optimal innovation size. The overall …
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This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration …
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