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Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10009723599
Artificial Intelligence is set to influence every aspect of our lives, not least the way production is organized. AI, as a technology platform, can automate tasks previously performed by labor or create new tasks and activities in which humans can be productively employed. Recent technological...
Persistent link: https://www.econbiz.de/10012001438
Persistent link: https://www.econbiz.de/10008695959
"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …
Persistent link: https://www.econbiz.de/10003960396
Persistent link: https://www.econbiz.de/10009720791
knowledge of new inventors effect the performance of regional innovation systems (RIS). The results suggest that the knowledge … considerable number of incumbent inventors discontinue. We estimate the persistence of knowledge in regional inventor networks … using alternative assumptions about knowledge transfer. Based on these estimates we analyze how the size and structure of a …
Persistent link: https://www.econbiz.de/10011904394
While a market economy seeks equilibrium, a knowledge-based economy may upset this tendency towards stabilization by … innovation, and institutional control can be captured with a generalized Triple Helix model. We propose to use the mutual … Netherlands are tested: medium-tech manufacturing is the main driver of a knowledge-based configuration in a regional economy …
Persistent link: https://www.econbiz.de/10003063968
We investigate the contribution of different inputs, particularly different knowledge sources, on regional patenting … output in the framework of a knowledge production function. The knowledge sources included are R&D employment, size of public … departments, German Science Foundation (DFG), and from other sources. The contribution of these knowledge sources is tested …
Persistent link: https://www.econbiz.de/10003064446
We investigate the role played by different fields of academic knowledge and various types of higher education … different indicators for these types of knowledge, the strongest effects are found for the number of professors, followed by the … the regional knowledge stock than the number of students that is most important for the emergence of innovative stat-ups. …
Persistent link: https://www.econbiz.de/10010342539
the knowledge in laser technology was particularly high in those regions which have started laser research rather early …. There is also no significant effect of regional knowledge in the field of laser technology on the number of regional laser …
Persistent link: https://www.econbiz.de/10011574416