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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
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
characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the …
Persistent link: https://www.econbiz.de/10005124480
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
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
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
to integrate endogenous technological progress. Nevertheless, several complexities of innovation are still neglected even … modelling literature through a special lens. We discuss how existing models deal with different types of innovation (i ….e. product and process innovation) and how differences in innovation activities influence modelling results. We also emphasise …
Persistent link: https://www.econbiz.de/10010936487
transition. With the perspective of our contribution to WWWforEurope, we concentrate especially on social welfare, innovation …
Persistent link: https://www.econbiz.de/10010928069
relevant for socio-ecological transition. Hereby the paper focuses on the concepts of sustainability, growth, innovation … innovation, as a central driver for growth. Within the context of a socio-ecological transition based on sustainable growth …, ecological and social innovation gain in importance vis-à-vis purely profit-oriented innovation. Long-term growth is based on …
Persistent link: https://www.econbiz.de/10010928077