raise funds through stock markets than through bond issuance. Using the Schumpeterian innovation life-cycle as a theoretical …

of firms generate innovation-migration dynamics that generate a variety of city sizes. A city that is home to firms that …

general equilibrium effects dampen strongly the increase in health care usage following medical innovation. Moreover, an …

shape industrial evolution: technology, scale economies, and demand. Innovation, as the driving force behind these factors …Examines the role of innovation in quickly evolving, turbulent industrial markets in the United States. Longitudinal … create the potential for innovation. Thus, entrepreneurship, measured by the extent to which an industry is comprised of new …