on the international distribution of technology. It focuses on long-term investment flows, as these are more affected by … context of various technology specifications, ranging from models with only one common technology to those with multiple and … endogenous technologies. The paper demonstrates that the theoretical specification of technology is crucial to the prediction of …

We examine business dynamics following a natural experiment: the staggered roll-out of a new technology, broadband … internet, throughout Norway. The new technology led to a large, almost 25% increase in per-capita startup rates. Quality … established firms. Applications to literatures on business dynamics, entrepreneurship, and technology adoption are discussed …