production technologies with implications for innovation and technological change …

This paper provides new evidence on how access to finance impacts technological innovation and establishes the role of … labor practices in shaping the finance-innovation nexus. We exploit antebellum America, a unique setting where staggered … generated heterogeneity in agricultural labor cost. We find that greater access to finance spurred innovation, but the positive …

the fundamental (and still poorly understood) role played by innovation in the finance-growth nexus. …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …

Corporate innovation propels both company performance and economic growth. Yet, measuring corporate innovation proves …, patent citations and new product announcements. I posit that each of these signs of corporate innovation provides a noisy … eliminates useful information, suggesting that all of the observable signals about corporate innovation should be included in …