This paper investigates the causal relationship between innovation and labour force reallocation within the firm, measured as the share of white collar workers. To the extent that intra-firm reallocation can be considered as a substitute for inter-firms and sectors reallocations, innovation...

This paper aims at ranking the value of legal patent protection among countries, using the real options approach. In particular, we manage to overcome the problem of the lack of data for those countries that do not collect patent renewal data. The econometric technique we propose is well...