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Production prices are those exchange-values which, if adopted, put each industry in the conditions to repeat its production process. In this sense they appear as necessary prices. This notion is here compared with that of ‘just’ price, studied by the older moral philosophers (more so than by...
Persistent link: https://www.econbiz.de/10010937866
We provide a general framework for the study of cascade effects created by interconnections between sectors, firms or financial institutions. Focusing on a multi sector economy linked through a supply network, we show how structural properties of the supply network determine both whether...
Persistent link: https://www.econbiz.de/10008695044
I construct a two-sector growth model to study the effect of the structural transformation between manufacturing and services on the decline in GDP volatility in the US. In the model, a change in the relative size of the two sectors affects the transmission mechanism that relates sectoral TFP...
Persistent link: https://www.econbiz.de/10009319227
This research evaluates the role of local technology institutions as an external source of ideas, information and knowledge that foster innovation and enhance the performance of firms. It is argued that firms that establish links with local technology institutions have access to valuable...
Persistent link: https://www.econbiz.de/10011130093
Firms aspire to take advantage of technical and business networks through inter-organizational interactions to improve …
Persistent link: https://www.econbiz.de/10011264165
institutions. This paper argues that clusters and networks are two separate concepts that both merit attention, especially … clusters of related firms, industries and institutions, with a view to the presumably positive effects of clustering for … network settings. A second point is that in some cases, clustering yields a governance advantage over networks. Taking into …
Persistent link: https://www.econbiz.de/10004966886
This paper concerns the brief history of the Regional Innovation Systems (RIS) concept. It shows that the success of the concept in academic and policy circles is because, unlike most regional economic policy instruments, it is flexible and eschews 'one-size-fits-all' type thinking by analysing...
Persistent link: https://www.econbiz.de/10008563469
performance. However, the findings do not support the current policy fashion of encouraging regional networks revolving around …
Persistent link: https://www.econbiz.de/10005278753
Persistent link: https://www.econbiz.de/10011433509
Persistent link: https://www.econbiz.de/10011973433