Showing 1 - 10 of 779
The paper presents a simple theory of intraday behavior in the interbank market.
Persistent link: https://www.econbiz.de/10005780675
Los Institutos Tecnológicos Públicos (ITPs) en América Latina han sufrido un deterioro significativo de sus capacidades en las últimas décadas. En la mayoría de los países están a la deriva, sin que exista una visión y misión claramente establecidas, contribuyendo a su pérdida de foco...
Persistent link: https://www.econbiz.de/10010653467
According to some, the commercial bank is anachronistic and in a state of terminal decline. The evidence, however is mixed. This paper takes a different approach to analyzing the future of banks.
Persistent link: https://www.econbiz.de/10005640900
In the last decade R&D expenditure in Italy has been lagging at a bare 1.2-1.3 per cent of GDP. Its private share is low by international standards and Italian firms take out only a small number of patents. External sources of innovation, however, are available to firms. This work aims at...
Persistent link: https://www.econbiz.de/10011099708
Direct and country-specific measures of technical progress are used in order to analyse the effects of technology shocks on output fluctuations in the G7. Technology shocks are measured as the unpredicted component in the dynamics of innovation, on the basis of patent statistics provided by the...
Persistent link: https://www.econbiz.de/10005486719
productivity growth. Differences across channels of technology transfer and historical phases emerge, also in connection with the … innovation activity and to productivity growth; inward FDI contributed positively to productivity growth, but not to indigenous … the association of foreign technological knowledge with indigenous innovation processes strengthened productivity …
Persistent link: https://www.econbiz.de/10010548014
productivity growth. Differences across channels of technology transfer and historical phases emerge, also in connection with the … innovation activity and to productivity growth; inward FDI contributed positively to productivity growth, but not to indigenous … the association of foreign technological knowledge with indigenous innovation processes strengthened productivity …
Persistent link: https://www.econbiz.de/10009364460
This paper evaluates the causal effect of issuing equities on the probability that a firm will engage in R&D activity. Equity is a preferable source of external finance for innovation than debt. It does not require collateral, does not exacerbate moral hazard problems connected with the...
Persistent link: https://www.econbiz.de/10011099688
presents some empirical evidence on the effects of innovation on employment growth and therefore on firms� productivity with …
Persistent link: https://www.econbiz.de/10005770776
success from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on … firm�s productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive. …
Persistent link: https://www.econbiz.de/10005011990