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In this paper, it is argued that investments in information and communication technologies (ICT) are closely linked to complementary innovations and are most productive in firms with experience from earlier innovations. In the empirical analysis based on firm-level panel data covering the period...
Persistent link: https://www.econbiz.de/10005637533
During the last 40 years, economics of innovation has emerged as a distinct area of enquiry at the crossing of the …, elaboration and evolution of different fields of analysis in economic theory, innovation is viewed as a complex, path …
Persistent link: https://www.econbiz.de/10008603415
advancement of our understanding of economic evolution, and the associated process of innovation. In particular, we discuss why it …
Persistent link: https://www.econbiz.de/10008603430
Increasingly, economists concur that innovation processes are far from equilibrium phenomena. Indeed, these processes …, and I show how, taken together, these concepts provide a foundation for a complexity theory of innovation. I briefly … around their production and use, and new attributions of functionality generate perpetual novelty in innovation contexts …
Persistent link: https://www.econbiz.de/10008773743
A technology index based on R&D, skilled labour and capital vintage was developed and used to characterise industrial firms by technology level, facilitating the analysis of relationships between technology and economic performance at the firm level. The results show that technology-intensive...
Persistent link: https://www.econbiz.de/10009200610