a positive impact on firm-level innovation, empirical evidence on the subject remains scarce. This study exploits … initial VET and their innovation outcomes. The results based on linear probability models and entropy balancing show that the … relationship between VET activity and innovation are more ambiguous than often postulated. Overall, the participation in initial …

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

This paper proposes a model that explains both recently documented facts about the decline of disruptive innovation and …

indirect effects occur through GDP per capita, property rights, innovation, entrepreneurial attitudes, entrepreneurial …

"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …