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modifications expanded the concept of fixed capital to include intangible capital. The underlying drivers of innovation have … innovation in growth. But they also point to the importance of competition and firm entry and exit as key motivators for firms to …
Persistent link: https://www.econbiz.de/10008493101
communication technologies (ICT). Against the backdrop of a weakening link between productivity and traditional innovation inputs (e …, work processes and human resource practices. More fundamentally, digitization is changing the way innovation itself is done …, opening the prospect of a long-term increase in the overall rate of innovation. Over time, this will dwarf the benefits from …
Persistent link: https://www.econbiz.de/10010840280
Global policy discussions increasingly focus on innovation and the knowledge economy as a driver of long-term growth …. In parallel new forms of innovation processes are emerging, notably open innovation and innovation networks stressing the …
Persistent link: https://www.econbiz.de/10008493103
policies to bring the cost of financing innovation more in line with the level that would prevail in the absence of market …
Persistent link: https://www.econbiz.de/10008493107
Financing constraints have been discussed as a major obstacle to innovation. Small and medium-sized enterprises and … sense and as instruments for financing innovation. It also discusses implications of these developments for public policy …
Persistent link: https://www.econbiz.de/10008493109
Ireland is the most successful EU economy in attracting export-platform foreign direct investment (FDI), and the increased FDI inflows of the 1990s are widely agreed to have been one of the most important factors in generating the remarkable boom that the country experienced over that decade....
Persistent link: https://www.econbiz.de/10004984639
This study describes the state of the art in the measurement of intangible capital and its contribution to economic growth, with a focus on an international comparison of intangible capital deepening among eleven advanced economies. By employing a broad measure of intangibles, including...
Persistent link: https://www.econbiz.de/10008493110
Focussing on Europe, this paper starts with reviewing the main determinants of foreign direct investment (FDI); a key observation is that economic policies and non-policy factors contribute equally to the direction of FDI flows. The paper then examines the growth-FDI nexus: while a strong...
Persistent link: https://www.econbiz.de/10004984649
innovation and growth, there is room for industrial policy - interestingly enough, not so much to encourage firms to extend the …
Persistent link: https://www.econbiz.de/10005006796
interactions with innovation and local socio-economic conditions. The analysis accounts for spatial interactions between different …
Persistent link: https://www.econbiz.de/10005012083