We study the relationship between corporate political activity and technology adoption when incumbents may deter entry. We propose that a greater amount of campaign donations to politicians is associated with less likelihood of new technology adoption. We also suggest that the local political...

We show evidence of local spillover effects in corporate innovation productivity. Specifically, we find that firms’ patent counts and patent citations are positively related to the innovation output of other local firms, including those firms in different industries. We rule out exogenous...

This paper empirically investigates the impact of technology adoption on farmers’ subjective well-being, as measured by happiness and life satisfaction. The technology in focus is hired mechanization services in agricultural production. By fitting a nationally representative panel dataset –...

This paper examines a labor market in which inventors and firms interact, and its implications for the allocation of inventors across firms, knowledge diffusion, and productivity growth. We build an endogenous growth model that incorporates a frictional inventor market. In this model, inventors...

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011-2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased in...

How could firms best reduce their environmental impact? Should they change technology? Or could they do better with what they already have? This paper shows that one size does not fit all. We employ a mixture model estimation to dissect environmental efficiency into a technology adoption...

An increasing body of literature is analyzing the causes of the decline in business dynamism in developed economies. However, they fail to consider the changing nature of creative destruction. Except for the US, previous research is based on new-century evidence, limiting the understanding of...

In Ethiopia dairy technology adoption is an important aspect of improving the low productivity and reproductivity of dairy animals. The adoption of dairy technology in Ethiopia is not only low but also the extent of adoption is also varied from place to place and farm to farm. Therefore,...

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...

The Indian innovation ecosystem is a vibrant space, and India has emerged as the world's third-largest startup economy. Biotechnology, Digital healthcare and Medical devices have emerged as three key sectors in the innovation ecosystem of India. However, there has been no systematic...