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&D), which are endogenized through financial institutions. The theory and its results shed lights on the debate of convergence … versus divergence; the “East Asia miracle” versus the East Asia financial crisis; and the rise and fall of centralized …
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innovation and economic growth in the future, France will need to equip itself with the institutions that will enable the country … of its potential to become a vector for growth and to assume the role of a facilitator in an innovation-based economy …
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This paper looks at the link between the quality of economic institutions and innovation, and innovation and growth. We … construct a measure of the innovation content of individual manufacturing industries and show that countries with stronger … economic institutions specialize in more innovation‐intensive industries. Our results also provide evidence that industries …
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low, such as in cases of technological imitation. Our results reconcile the debate on the 'East Asia miracle' vs. the East … Asia financial crisis, and they shed light the rise and fall of centralized economies …
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paper we attempt to fill the gap by examining how financial institutions affect technological innovation and thus affect … low, such as the cases of technological imitation. Our results shed lights on the debate on the 'East Asia miracle' and … the East Asia financial crisis, and on the rise and fall of centralized economies …
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