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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
In this paper we conduct a meta-analysis to examine the link between R&D spending and economic growth in the EU and other regions. The results suggest that the growth-enhancing effect of R&D in the EU15 countries does not differ from that in other countries in general, but it is less significant...
Persistent link: https://www.econbiz.de/10011382485
capita income, whereas its labour productivity level -- notably in manufacturing -- remained relatively high. The Dutch …
Persistent link: https://www.econbiz.de/10005114219
The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US “productivity miracle” is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …
Persistent link: https://www.econbiz.de/10005114281
Strengthening the innovation system in the Netherlands is a priority for raising productivity growth, which has been …
Persistent link: https://www.econbiz.de/10005045618
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently. While the redirection of resources towards unification-related spending as well as low...
Persistent link: https://www.econbiz.de/10005045785
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/10010869049
; Distance to Frontier ; Inappropriate Technologies ; Skill-biased Technical Change ; Productivity ; TFP differences …
Persistent link: https://www.econbiz.de/10009739171
profitability and productivity that can outweigh the costs of the policy. This paper reviews the empirical evidence on the link … between environmental policy stringency and productivity growth, and the various channels through which such effects can take …
Persistent link: https://www.econbiz.de/10011276877
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005