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We observe a growing empirical literature on the divergence between labor productivity and compensation on a global scale. Empirical evidence of the decoupling for the OECD and transitional economies support the hypothesis of divergence between productivity and pay after 1980s. In this paper, we...
Persistent link: https://www.econbiz.de/10012418624
In the context of China's knowledge economy, cluster-based technological innovation can promote the communication of knowledge among industries, advancing the industrial structure. This study constructs the Ricardian model with the differences in productivity between different sectors to explore...
Persistent link: https://www.econbiz.de/10013448275
Due to the inherent complex tensions in General Purpose Technology (GPT) in emerging industries, namely those between "generality" and "emergance," firms in emerging industries often face the dilemma of choosing distant search or local search in GPT innovation. The core research question of this...
Persistent link: https://www.econbiz.de/10014388492
Technological diversification and specialization have important roles in explaining volatility, innovation, income inequality, exports, and related concerns; however, the relationships between transportation improvement and technological diversification and specialization remains unexplored....
Persistent link: https://www.econbiz.de/10014372055
A new industrial development paradigm, the Fifth Industrial Revolution or 'Industry 5.0' is expected to humanise green technological innovation (GTI), social resilience, and sustainable development of industrial ecosystems. Emphasising the supplier-customer interaction, 'Industry 5.0' is...
Persistent link: https://www.econbiz.de/10014581357