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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
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
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
This paper surveys the experience of economic growth in the 20th century with a focus on technological change at the frontier together with issues related to success and failure in catch-up growth. A detailed account of growth performance based on historical national accounts data is given and...
Persistent link: https://www.econbiz.de/10014025605
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
Häufig ist zu hören, dass die Industrie ein aussterbender Wirtschaftszweig sei. Die Zukunft gehöre den Dienstleistungen und der Wissensproduktion. Tatsächlich basiert die moderne Ökonomie ganz wesentlich auf Informationstechnologie. Diese bedarf aber der Hardware. Dienstleistungen und...
Persistent link: https://www.econbiz.de/10009622218
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
Persistent link: https://www.econbiz.de/10011886378
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