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This Element combines the advances of the economics of knowledge and innovation implementing the Schumpeterian notion …
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contemporary production processes is not clear cut. Finding solutions requires innovation. This Element examines the structures of … garment value chains and explores how innovation related to sustainability is taking place in these chains. Furthermore, it …
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We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …
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Using a game theoretical model on firms' simultaneous investments in product and process innovation, we deduct and … and in independently competing firms. We use Community Innovation Survey data on Italian manufacturing firms. Theoretical …
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Informational frictions between borrowers and lenders differ across classes of borrowers. Innovative firms undertake high-risk-high-return projects which are likely to be little understood by financial intermediaries. As a consequence, they may end up allocating too large a share of funds to...
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We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …
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