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The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...
Persistent link: https://www.econbiz.de/10011265664
The knowledge-based economy/society challenges and changes organisations, institutions and job contents generated by new requirements and the increasingly complex and dynamic environment in which they are compelled to act. Institutions and organisations, public or private, need to adjust rapidly...
Persistent link: https://www.econbiz.de/10009357719
In the present article the author makes an eloquent inquiry regarding the current economic and financial crisis and its relationship with the classical labor theory of value. The author realized a full synopsis about economical, social and military evolution of America after the Second World War...
Persistent link: https://www.econbiz.de/10008837966
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10005566639
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10010721624
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call...
Persistent link: https://www.econbiz.de/10010796455