Gustavsson Tingvall, Patrik; Karpaty, Patrik - Economics Institute for Research (SIR), … - 2008
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Stockholm School of Economics, Sveavägen. 65, 113 83 Stockholm, Sweden
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Örebro University, Dep. of Economics, 701 82 Örebro …, Sweden
SSE/EFI Working Paper Series in Economics and Finance. No. 702
Oct, 2008
ABSTRACT
The central prediction of … because it forces firms to innovate in order to stay in business.
In an important paper, Aghion et al. (2005) combine …