Oct 02 2023 70 mins 3
In this episode, we dive into "The Economics of Creative Destruction" with Ufuk Akcigit. We talk about what creative destruction is, how this notion evolved over time, the dynamics between firms and political institutions, developing economies, and more! Email us at [email protected] OR X it out here: @POID_cast
Hosts: Ruveyda Gozen (@ruveyda_gozen) & John Van Reenen (@johnvanreenen)
2:30 What is creative destruction, and how did this notion evolve over time?
20:30 Defensive Innovation through Political Connections and Patent Thickets or Innovation Pushing the Frontier?
25:00 Superstar Firms, Market Power, and Innovation
37:30 Diffusion of Innovation and Barriers in Developing Economies
41:30 Frontier Research and Potential Research Questions on Innovation
50:30 Green Innovation
54:00 Robert Lucas
58:14 Ups and Downs, Successes and Failures
