Showing 1 - 10 of 198
knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and … indicates interesting implications for innovation and educational policies. …
Persistent link: https://www.econbiz.de/10005835707
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
are used to analyze the determinant factors related to improvements in innovation and productivity. Our results indicate … that increasing technology and knowledge through a “black box” process is related to an increase in productivity …. Furthermore, the protection and management of production knowledge and expertise is a valid method of increasing global technical …
Persistent link: https://www.econbiz.de/10011112811
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
Abstract: In this paper we assess the relevance of both knowledge creation and diffusion processes in affecting Italian … SMEs’ propensity to innovate. In doing so a knowledge production function (KPF) is estimated for a representative sample of … magnitude of such impact being decreasing in firms’ size. Second, knowledge diffusion via geographical proximity enhances the …
Persistent link: https://www.econbiz.de/10005622012
The movement of many countries towards knowledge-based economic development requires the transition to more effective … advancement towards knowledge-based economic development. There is currently no accepted general framework to analyze national … context of knowledge-based economic development and achievement of accompanying economic, political, and social objectives. …
Persistent link: https://www.econbiz.de/10009643193
Deme et al. (2005, DFN) present a general equilibrium model for the case of Lesotho with a rising step skill acquisition function. DFN show that only a large amount of government expenditure on education, training and skill acquisition can pull the economy out of its inertia. As a comment on...
Persistent link: https://www.econbiz.de/10008740592
This article traces the evolution of knowledge-based economic development in the Arab World. In pursuing this objective … effectiveness of Arab investments in human capital shows marginal progress towards knowledge-based development over the last decade … employers relegates Arab businesses to contesting lower-skilled, non-knowledge intensive industries which has stalled knowledge …
Persistent link: https://www.econbiz.de/10009001187
Despite numerous studies on production inputs, such labour and capital, there is still a lack of systematic analysis on the crucial interaction between the human resources (HR) and physical resources (PR) in the process of economic development. Thus, the current paper aims to describe how these...
Persistent link: https://www.econbiz.de/10011144075
Economic development presumes not only the existence of formal institutions such as property rights and the rule of law under which behave economic agents, but also certain norms or social values that promote exchange, savings and investments. In this context, we discuss cultural dimension of...
Persistent link: https://www.econbiz.de/10011111754