gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …, which hinder the allocation of new ideas to where they can be developed most efficiently. While a number of policy …

penalise failure can raise the expected returns to investing in KBC by improving the efficiency of resource allocation. While …

that promoting the adoption of existing best practice and improving the resource allocation can lead to a significant …

on the efficiency of resource allocation. Our results suggest that there is an economically and statistically robust …, stringent regulations are more disruptive to resource allocation in more innovative sectors, though the nature of innovation …