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Both institutional quality and institutional stability have been argued to stimulate economic growth. But to improve institutional quality, a country must endure a period of institutional change, which implies at least a little and possibly a lot of institutional instability. We investigate the...
Persistent link: https://www.econbiz.de/10013158839
Political activism positively affects firm innovation. Firms that support more politicians, politicians on … innovation. The results are consistent with the hypothesis that political activism is valuable because it helps reduce political … uncertainty, which, in turn, fosters firm innovation. Also consistent with this hypothesis, we show that politically active firms …
Persistent link: https://www.econbiz.de/10010501442
origin and diffusion of technological innovation across economies. This study suggests that institutional change, based on a … of technological innovation, can propose best practices directed to support a higher economic freedom in society … technological innovation to govern the development of economies in the presence of globalization and geographical expansion in world …
Persistent link: https://www.econbiz.de/10012828332
competition. Innovation competition as a trial and error-process can be analyzed as an evolutionary process of variation and … selection of new problem solutions, which allows to apply arguments and models of evolutionary innovation economics. Both … on innovation. Since there might be also advantages of a larger firm size, a trade off might occur leading to the notion …
Persistent link: https://www.econbiz.de/10014198584
The U.S. promotes and produces innovation through a wide range of interdependent institutions, ranging from the grant …" innovation is and in part on how amenable certain types of innovation are to certain forms of institutional provision. To put it … more concretely, (1) innovation is a public good that acts as an input for producing a wide range of dependent goods …
Persistent link: https://www.econbiz.de/10014066909
We identify strong cross-border institutions as a driver for the globalization of in-novation. Using 67 million patents … from over 100 patent offices, we introduce novel measures of innovation diffusion and collaboration. Exploiting staggered … result in techno-logical convergence. The effects are particularly strong for process innovation, and for countries that are …
Persistent link: https://www.econbiz.de/10012668766
Persistent link: https://www.econbiz.de/10001580303
Persistent link: https://www.econbiz.de/10011704134
to innovation, as well as in more competitive industries. This pattern is also stronger for high-tech industries, for …
Persistent link: https://www.econbiz.de/10012904100
contributes to innovation in source countries. We use changes in the labour mobility legislation within Europe as exogenous …
Persistent link: https://www.econbiz.de/10012892171