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such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
In this chapter, we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that...
Persistent link: https://www.econbiz.de/10014025309
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
This paper constructs a two-sector unified growth model. Learning-by-doing in agriculture eventually allows the preindustrial economy to leave its Malthusian trap. But entrepreneurs in the manufacturing sector do not attempt invention if not much is known about natural phenomena. This delays the...
Persistent link: https://www.econbiz.de/10010472600
investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and … jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains … effective, the innovation strategy should be simplified, with a drastic reduction in the number of government agencies involved …
Persistent link: https://www.econbiz.de/10010231006
This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …
Persistent link: https://www.econbiz.de/10014226110
The geography of innovation describes the importance of proximity and location to innovative activity. As part of what … sufficiently so that the discussion can be organized around certain stylized and commonly accepted facts: • Innovation is spatially …, and not easily amenable to measurement. • Local universities are necessary but not sufficient for innovation. • Innovation …
Persistent link: https://www.econbiz.de/10014025168
in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of … new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by … impede them. Policies should maximize the job-creation effect of product innovation and minimize the direct labor …
Persistent link: https://www.econbiz.de/10011431678
destruction leading to the obsolescence of existing technologies. We quantify the innovation gains from collaborations, and show … economy. Our efficiency analysis further allows us to study the effect of competition on innovation in R&D intensive …
Persistent link: https://www.econbiz.de/10010423836
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973