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Ph.D. candidates Mehrnaz Sabet, Mokshin Suri and Ruben Trujillo make up latest cohort of the Cornell Engineering Commercialization Fellowship, an entrepreneurship program designed to help researchers ...
In this paper, we specify a linear Cliff-and-Ord-type spatial model. The model allows for spatial lags in the dependent variable, the exogenous variables, and disturbances. The innovations in the dist...
This review presents an overview of the current research on clusters and cluster-based economic development. It is organized in three parts: First, it takes a look at the conceptual foundations of the...
We study how external versus internal innovations promote economic growth through a tractable endogenous growth framework with multiple innovation sizes, multi-product firms, and entry/exit. Firms inv...
When the full stock of a new product is quickly sold in a few days or weeks, one has the impression that new technologies develop and conquer the market in a very easy way. This may be true for some n...
The article discusses three major banking innovations suggested by George J. Benston and colleagues in their book "Perspectives on Safe and Sound Banking: Past, Present and Future." It examines the pr...
We consider environments in which agents other than innovator receive the signals about the quality of innovation. We study whether mechanisms can be found which exploit market information to provide ...
Beginning with invention of the cotton gin by Eli Whitney in 1793, cotton production in the United States has experienced many milestone advances over the last 200 years. Some of those were mechanized...
Financial Innovations in China, 1990-2000          2008/1/17
Abstract: China’s financial sector has changed dramatically since China began the economic reform in 1978 and the past ten years have particularly witnessed many innovations in China’s financial secto...
Originating in a small country with a limited home market, Dutch firms have long been active on a global market. Before the twentieth century their dependence on foreign technical knowledge was striki...

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