Scholars have long sought to understand the advantages different types of firms may have in generating innovation. A …

Economists studying innovation and technological change have made significant progress towards understanding firms …’ profit incentives as drivers of innovation. However, innovative performance in firms should also depend heavily on the …

"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

concerned with the supply of human capital to entrepreneurship and innovation …