Showing 1 - 10 of 50
Persistent link: https://www.econbiz.de/10012604782
Persistent link: https://www.econbiz.de/10013440394
1. The Challenge -- 2. Theories of Growth, Innovation, and Entrepreneurship -- 3. Promoting Entrepreneurship and … Innovation—The Institutional Framework -- 4. Policies to Stimulate Innovation and Entrepreneurship -- 5. Tax Policy to Stimulate … Innovation and Entrepreneurship -- 6. Conclusions: A Framework for Innovation Policy. …
Persistent link: https://www.econbiz.de/10014429000
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10011416306
This paper characterizes the optimal time path of R&D and capital subsidization. Starting from the steady state under current R&D subsidization in the US, the R&D subsidy should significantly jump upwards and then slightly decrease over time. There is a small loss in welfare, however, from...
Persistent link: https://www.econbiz.de/10010870991
This paper develops a theory in which oligarchic ownership of land or other natural resources may impede entrepreneurship in the manufacturing sector and may thereby retard structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor...
Persistent link: https://www.econbiz.de/10010636569
A simple semi-endogenous growth model is employed to show that optimal subsidization of both R&D and capital costs is independent of the distribution of R&D skills in the workforce. This holds despite the empirically supported fact that a higher R&D subsidy rate raises wages of R&D workers.
Persistent link: https://www.econbiz.de/10010664117
Persistent link: https://www.econbiz.de/10011487401
Persistent link: https://www.econbiz.de/10011586234
The book examines the relationship between inequality, growth and technological progress. It provides a broad overview of the existing literature and introduces specific, innovative aspects about the impact of inequality and redistribution on growth when growth is driven by human or physical...
Persistent link: https://www.econbiz.de/10013518980