Showing 1 - 10 of 118
Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...
Persistent link: https://www.econbiz.de/10009275968
characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the …
Persistent link: https://www.econbiz.de/10005124480
If redistribution is distortionary, and if the income of skilled workers is due to knowledge-intensive activities and … distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10005791837
knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …
Persistent link: https://www.econbiz.de/10011262883
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10005067419
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …
Persistent link: https://www.econbiz.de/10005504210
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …
Persistent link: https://www.econbiz.de/10005791875
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10011183685
Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …
Persistent link: https://www.econbiz.de/10011183757
individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …
Persistent link: https://www.econbiz.de/10011213308