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This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010692367
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010818983
framework that contains multiple innovation sizes, multiproduct firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010553118
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010929532
Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … confirm using a regression discontinuity design. We build a firm dynamics model, where we allow firms to invest in innovation …
Persistent link: https://www.econbiz.de/10014110987
How do political connections affect firm dynamics, innovation, and creative destruction? We extend a Schumpeterian … how political connections influence an economy's business dynamism and innovation, and generate a number of implications …
Persistent link: https://www.econbiz.de/10014240947
reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …
Persistent link: https://www.econbiz.de/10012063841
reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …
Persistent link: https://www.econbiz.de/10012104061
Persistent link: https://www.econbiz.de/10012112113
Persistent link: https://www.econbiz.de/10013271295