This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting decisions, in contrast with Fernandez and Rodrik (1991). Blocking innovation is...

"La innovación es de suma importancia para el desarrollo productivo en la agricultura Boliviana, por tratarse de un sector caracterizado por bajos niveles de innovación en cuanto a la incorporación de nueva tecnología y conocimiento en los procesos de producción, transformación y...

The purpose of this paper is to analyze innovations and the innovation system and its dynamics in the ethanol sector in the State of Sao Paulo. More specifically, this paper focuses on the development process in the sector, the public policies taken to promote the sector, and the organizations...

We study the relationship between debt and growth in EU countries in the years 1995-2015. We investigate the debt-growth nexus in two alternative empirical set-ups: the traditional cross-county panel regressions and mean group estimations. We find evidence of a positive long-run relationship...

Implementation and usage of the latest inventions in information technology provides enterprises better position on the global market. Radio Frequency Identification (RFID) presents the innovative information technology that can change and improve many of the enterprises collaboration operations...