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role of workplace training will be important. So too will be further measures that support the innovation capacity of the … business sector, including innovation policies that promote the absorptive capacity of firms and do not favour incumbents at …
Persistent link: https://www.econbiz.de/10011577800
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
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
Scientific knowledge is crucial to opening up new possibilities for major technological advances. However, the role of science has not been regarded as important in the innovations leading to modern steelmaking. In addition, how did science begin to play an important role? Mokyr focuses on the...
Persistent link: https://www.econbiz.de/10012794038
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …
Persistent link: https://www.econbiz.de/10013435165
Persistent link: https://www.econbiz.de/10012183172
I study the effects of basic and applied innovation on a firm's market value and total factor productivity for a panel … of U.S. manufacturing firms. Basicness of innovation is measured by the index of generality proposed by Trajtenberg …, Henderson and Jaffe (1997), and basic and applied innovation stocks are proxied by the stocks of patents that score at the …
Persistent link: https://www.econbiz.de/10009732133
Persistent link: https://www.econbiz.de/10013457262
In this paper we present an international comparison of growth trends in the OECD countries, with a special attention to developments in labour productivity - allowing for human capital accumulation – and multifactor productivity (MFP) - allowing for changes in the composition of fixed...
Persistent link: https://www.econbiz.de/10012443928
study shows that these social networks are an essential driver of knowledge integration and innovation. …
Persistent link: https://www.econbiz.de/10011297769