Showing 1 - 10 of 24
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
and local knowledge and innovation dynamics. In particular, we highlight how the global scene is changing in the … contemporary world economy that we char-acterize as a knowledge economy. We show how knowledge and knowledge dynamics is driving … innovation in the large urban agglomerations in the old and in new industrialized countries with their concentrations of …
Persistent link: https://www.econbiz.de/10010818726
with global, national, regional and local knowledge and innovation dynamics. In the text, we stress the importance to … understand the current changes of the global and their implications for knowledge generation and innovation. Treating knowledge … as a key resource for innovation shifts the focus from the innovation itself to the process of knowledge generation …
Persistent link: https://www.econbiz.de/10010741445
The link between proximity and innovation has been dwelled upon extensively in the literature. A regional economic … successful regional innovation system. In this paper it is proposed that the relevant link to be studied is rather that between … accessibility and innovation. Although accessibility is a key factor in facilitating the processes stressed to be important for …
Persistent link: https://www.econbiz.de/10005644942
regions. How such innovations are created and how successful innovation processes can be initiated are therefore extremely … has been termed regional innovation systems. The actors in the regional innovation systems include customers, producers … innovation systems has focused on high-tech clusters in large metropolitan regions well equipped with a broad spectrum of all …
Persistent link: https://www.econbiz.de/10005644979
insights have also been gained as to how entrepreneurship, innovation and knowledge are interrelated. Yet, a comprehensive … understanding is still lacking concerning the interface of all of those variables: knowledge, innovation, entrepreneurship and … relationship between knowledge and growth on one hand, and entrepreneurship and growth on the other. Similarly, more profound …
Persistent link: https://www.econbiz.de/10008626062
Estimates of the effect of education on GDP (the social return to education) have been hard to reconcile with micro-evidence on the private return. We present a simple explanation that combines two ideas: imperfect substitution between worker types and endogenous skill-biased technological...
Persistent link: https://www.econbiz.de/10005661700
What are the consequences of resource-based regional specialization, when it persists over a long period of time? While much of the literature argues that specialization is beneficial, recent work suggests it may be costly in the long run, due to economic or political reasons. I examine this...
Persistent link: https://www.econbiz.de/10005123671
Transition economies have an initial condition of high human capital relative to GDP per capita, giving them high growth potential. In the model, at a good equilibrium a large number of children of well-educated parents take advantage of their family backgrounds and invest substantially in their...
Persistent link: https://www.econbiz.de/10005124062
Knowledge plays a critical role in economic development, still our understanding of how knowledge is created, diffused … viewed knowledge as an exogenous factor. Contemporary current knowledge-based growth models have re-introduced the notion of … the entrepreneur, however stripped of its most typical characteristics, and the diffusion of knowledge is kept exogenous …
Persistent link: https://www.econbiz.de/10005644957