, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …

We look at the relationship between religion and innovation at the country level. Innovation is captured by the Global … Innovation Index and certain innovation outputs. Religiosity is measured across 141 countries in terms of religious belonging …-industry collaboration. Across all specifications, greater religiosity is negatively associated with innovation, with the strongest effects …

estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption … resource-rich countries, the decision of host governments to expropriate these investments, and the level of corruption. Higher … resource production makes expropriation more attractive from the perspective of national governments. A low expropriation risk …

Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the … role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors … face the threat of expropriation. Using a novel dataset on worldwide expropriations of FDI over the 1990-2014 period, we …