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Innovation and technological change are central to the quest for regional development. In the globally … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …
Persistent link: https://www.econbiz.de/10011255948
-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …
Persistent link: https://www.econbiz.de/10011256057
We decompose capital flows--both debt and equity--into public and private components and study their relationship with productivity growth. This exercise reveals that international capital flows are mainly shaped by government decisions and sovereign to sovereign transactions. Specifically, we...
Persistent link: https://www.econbiz.de/10011256957