-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …

process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … innovation. This notsignificant effect of product innovation contrasts with evidence of studies for other countries. However, the …

Research and innovation are widely agreed to be major driving forces behind long-term productivity and economic growth … the impact of publically financed R&D on productivity. The conclusions have implications for government innovation …

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

processes of innovation and diffusion of a general purpose technology (GPT) take place. There is also an analysis of the …

Business innovation is an important driver of productivity growth. In this paper, I assess the importance of R&D and … the CDM model that treats ICT together with R&D as the main inputs into innovation and productivity, and test it on a … large unbalanced panel data set based on the innovation survey for Norway. Four different types of innovation and the number …

that as firms gain market share, they increasingly rely on nonproductive strategies but reduce their productive, innovation …