In this paper we present a new theory accounting for the heterogeneous impact of family firms on economic growth. We develop an overlapping generations model, where agents are heterogeneous in innate talent, and family firms have access to an additional source of managerial capital, family...

In this paper, we analyze the effects of research collaborations on the scientific output of academic institutions, drawing on data from the first official Italian research assessment exercise. We measure the scientific performance of a research unit as the number of publications that received...

In this paper, we analyse the effects of research collaborations on the scientific output of academic institutions, drawing on data from the first official Italian research assessment exercise. We measure the scientific performance of a research unit as the number of publications that received...

In this paper we analyse how the science sector's incentive structure strongly contributes to the development of science and of the economy, even if, in the same time, it can cause large disparities in size and productivity of scientific sectors of different countries. In order to show that, we...

Innovation, Unemployment and Policy in the Theories of Growth and Distribution increases our understanding about the more relevant economic determinants and policy aspects of the interdependence between economic growth and income distribution.

The authors in this book regard the process of economic expansion as a non-homogeneous and multifaceted phenomenon which has deeply affected human welfare, and cultural, social and political change. The book is a bridge between the theorists (Rosenstein-Rodan, Lewis, Myrdal, and Hirschmann) who...

Purpose – Recent economic research has focused on the economic effects of the social environment. In the economic literature, important phenomena are considered, at least in part, as results of the individual's social environment. There is a similar revival of interest among economists who...

La teoria economica delle professioni si Š essenzialmente concentrata sulla individuazione della razionalita' economica esistente dietro i diversi meccanismi di regolamentazione dei mercati professionali e sui suoi possibili effetti sul benessere della collettivita'. Sono stati invece...

We analyse the effect of human capital obsolescence due to the introduction of technological innovations on the long-run growth rate, and show that in equilibrium the pace of technical change may be faster than is socially optimal. In such cases, the existence of market imperfections, and their...