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We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
We build a model of endogenous, innovation-driven growth in which innovative firms have costly access to outside …
Persistent link: https://www.econbiz.de/10011412323
While an increasing number of conceptual studies postulate that vocational education and training (VET) activities have …' participation in initial VET on their innovation outcomes. The results based on linear probability models and instrumental variable … regressions with entropy balancing show that the impact of VET activity on innovation is more ambiguous than postulated. Overall …
Persistent link: https://www.econbiz.de/10012495922
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …
Persistent link: https://www.econbiz.de/10014025173
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
possible links between AI and employment in a cross-country context. It adapts the AI occupational impact measure developed by … analyse the relationship with employment. Over the period 2012-2019, employment grew in nearly all occupations analysed …. Overall, there appears to be no clear relationship between AI exposure and employment growth. However, in occupations where …
Persistent link: https://www.econbiz.de/10012801133
Research has shown that employees' innovative work behaviour is important for the competitive advantage of organizations. However, the question of how this innovative work behaviour can be stimulated remains unanswered. The purpose of this paper is to test empirically the effect of perceptions...
Persistent link: https://www.econbiz.de/10011298020
While an increasing number of studies postulate that vocational education and training (VET) activities have a positive …' participation in initial VET and their innovation outcomes. The results based on linear probability models show that the impact of … VET activity on innovation is indeed ambiguous. Overall, as expected, participation in initial VET has virtually no effect …
Persistent link: https://www.econbiz.de/10012799176