In this paper we study the impact of the income distribution on innovation through the demand for quality goods. For … to different consumers. In this equilibrium, a lower relative income of the poor is good for innovation, and a larger … population share of the poor is bad for innovation. …

technical and a pecuniary externality resulting from the innovation process may generate multiple equilibria. Redistribution may …

authors find that the stock of human capital, the level of domestic innovation and technological adaptation, and the level of ….15 percentage point. In terms of innovation, the authors find that a 20 percent increase in the annual number of USPTO patents …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …