This paper looks at the link between the quality of economic institutions and innovation, and innovation and growth. We … construct a measure of the innovation content of individual manufacturing industries and show that countries with stronger … economic institutions specialize in more innovation‐intensive industries. Our results also provide evidence that industries …

Technological innovation is critical to a country's economic development and a firm's long-term success. This article … reviews the recent literature that links institutions and innovation. Specifically, we focus on five aspects of the linkage …, features, and outcomes of innovation activities. Second, we review papers that focus on the role of demographic characteristics …

paper we attempt to fill the gap by examining how financial institutions affect technological innovation and thus affect …

&D), which are endogenized through financial institutions. The theory and its results shed lights on the debate of convergence …