Showing 1 - 10 of 63
The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are …
Persistent link: https://www.econbiz.de/10013056191
Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …, and particle physics. We develop a combinatorial-based knowledge production function and embed it in the classic Jones …. This production function is a generalization (and reinterpretation) of the Romer/Jones knowledge production function …
Persistent link: https://www.econbiz.de/10012920884
information. We also find that the relative importance of knowledge sources varies systematically with the type of innovation … organization that one of the main drivers of differences in productivity is differences in knowledge. We examine a new data set of … detailed measures of knowledge outputs, knowledge investments, and sources of existing knowledge. We find that globally engaged …
Persistent link: https://www.econbiz.de/10013228042
knowledge accumulates as technology progresses, then successive generations of innovators may face an increasing educational … negative implications for growth. I develop a formal model of this "knowledge burden mechanism" and derive six testable … sufficiently rapid increase in the burden of knowledge. In cross-section, the model predicts that specialization and teamwork will …
Persistent link: https://www.econbiz.de/10013219224
production of academic knowledge. Using data from the MIT Department of Biology for the period 1970-2000, we analyze the … trainee's laboratory. We interpret these results in light of the following two paradigms: the increased burden of knowledge …
Persistent link: https://www.econbiz.de/10013055505
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain … increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge …
Persistent link: https://www.econbiz.de/10013061819
This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver … of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific …; boosts labor standards; and influences incomes and inequality within and across countries. To the extent that knowledge is …
Persistent link: https://www.econbiz.de/10013063296
This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion: what general patterns characterize the diffusion of technologies, and how have they changed over time; what are the key drivers of technology, and what are the macroeconomic...
Persistent link: https://www.econbiz.de/10013063910
skills from state- and country-of-origin achievement tests. These new measures of knowledge capital permit development … accounting analyses calibrated with standard production parameters. Differences in knowledge capital account for 20-30 percent of …
Persistent link: https://www.econbiz.de/10013020706
scores in terms of a student's position in a widening distribution of knowledge. If a standard deviation in test scores in … later grades translates into a larger difference in knowledge, an intervention's effect on normalized test scores may fall … even as its effect on knowledge does not. We evaluate this hypothesis by fitting a model of education production to …
Persistent link: https://www.econbiz.de/10013107016