Migration and Innovation Lissoni, Francesco; Miguelez, Ernest
The Journal of economic perspectives,
01/2024, Letnik:
38, Številka:
1
Journal Article
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Research on international migration and innovation relies heavily on inventor and patent data, with "migrant inventors" attracting a great deal of attention, especially for what concerns their role ...in easing the international transfer of knowledge. This hides the fact that many of them move to their host country before starting their inventive career or even before completing their education. We discuss the conceptual and practical difficulties that stand in the way of investigating other likely channels of influence of inventor's migration on innovation, namely the easing of skill shortages and the increase of variety in inventive teams, firms, and location.
Requisite variety theory posits that internal variety is essential to develop responses to external variety. Facing increased local competition local bank branches could lower the odds of Small ...Business Administration (SBA) loan defaults by increasing knowledge variety through variations in geographic distances and industries among SBA loans. Our analysis shows that although local competition increases the odds of default, variations in industries represented in the SBA portfolio, the variation in geographic distances among loans in the portfolio lowers the odds of default. Our study emphasizes the importance of requisite variety at the branch level and presents important implications for policymakers and practitioners in the third‐party loan guarantee milieu.
The politico-economic reforms launched during the late twentieth century in post-Soviet Russia have led to contradictory and ambiguous results. The new economic environment and mode of governance ...that emerged have been subjected to serious criticism. What were the causes of these developments? Were they unavoidable for Russia due to specific factors grounded in the country’s previous experiences? Or were they an intended result of actions taken by the leaders of the country during the last few decades?
The authors of this book share neither a deterministic approach, which implies that Russia is bound to fail because of the nature of its economic and political evolution, nor a voluntarist approach, which implies that these failures were caused only by the incompetence and/or malicious intentions of its leaders. Instead, this study offers a different framework for the analysis of political and economic developments in present-day Russia. It is based on four ‘i’s—ideas, interests, institutions, and illusions.
Documents the surprising role pharmaceutical science and technology has played in Russia’s search for national identity over a century of political turbulence.