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The importance of social innovation for overcoming societal challenges is now widely recognised. In addition to their contribution to the transformation of socio-technical systems, they are also assigned an important role in flanking disruptive technological developments and coping with crisis...
Persistent link: https://www.econbiz.de/10014480112
This paper deals with the question of changing relations between business R&D (BERD), patents and output measures like value added and productivity (macro level) as well as EBIT and market capitalization (micro level) to analyze long-term/secular effects of technological change at different...
Persistent link: https://www.econbiz.de/10011667976
We analyze the stagnating productivity levels observable across many Western economies during the last two decades. Relying on techniques to measure total factor productivities (TFP), we provide evidence for a set of 11 OECD countries observed over the period from 1993-2011 that TFP-levels...
Persistent link: https://www.econbiz.de/10011800197