Showing 1 - 10 of 13,267
Persistent link: https://www.econbiz.de/10001813815
Persistent link: https://www.econbiz.de/10013337124
Persistent link: https://www.econbiz.de/10013336708
excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …
Persistent link: https://www.econbiz.de/10009153886
Persistent link: https://www.econbiz.de/10009244248
Persistent link: https://www.econbiz.de/10010227302
Persistent link: https://www.econbiz.de/10010409051
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of welfare, amount of innovation and output growth at...
Persistent link: https://www.econbiz.de/10013067864
Persistent link: https://www.econbiz.de/10000412857