Small and medium sized firms play an important role in the process of creative destruction. The focus of the paper is on the international diffusion of small and medium sized firms innovations. Small and medium sized firms face two challenges in globalization: property rights protection and...

As a field, we should put more emphasis on interpreting the magnitude of coefficient estimates rather than only assessing statistical significance. To support this claim, I demonstrate how focusing only on statistical significance can lead to incorrect and incomplete conclusions in many common...