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productivity and the realities of innovative activities in developing countries. Panel data for Argentina during the period 1998 … process innovation, which in turn explains labor productivity. The endogeneity of this three-stage process is controlled for … innovation, and both are important factors to explain labor productivity. Moreover, investing systematically in R&D implies an …
Persistent link: https://www.econbiz.de/10008490270
This study examines the determinants of technological innovation and its impact on firm labor productivity across six … technological advances, and those that innovate have greater labor productivity than those that do not. Yet firm-level determinants … productivity, however, highlight the importance of innovation in enabling firms to improve economic performance and catch up. …
Persistent link: https://www.econbiz.de/10008677811
-technological innovation), and productivity in services and manufacturing are explored using innovation survey data from Uruguay. This is the …) innovations are positively associated to productivity gains in services, but nontechnological innovations have a more important … role. The reverse happens for manufacturing; technological innovations are the relevant ones for productivity. …
Persistent link: https://www.econbiz.de/10010655798
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10005661518
This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role of patents has been largely ignored. Second, we...
Persistent link: https://www.econbiz.de/10005136433
The paper investigates the relationship between government interventions to promote investments in innovation and firms-financed R&D. Merging a unique panel data set on Argentinean firms in the 1990s with a data base on different types of public support received through FONTAR program, we...
Persistent link: https://www.econbiz.de/10005529056
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10009150949
The creative industries have long been seen as an innovative sector. More recent research posits that creative occupations are also a fundamental, but overlooked, driver of innovation. Theory also suggests cities are important for both creative industries and occupations, with urban environments...
Persistent link: https://www.econbiz.de/10011083220
This Paper develops a framework for testing discrete complementarities in innovation policy using European data on obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality constraints. We apply our test to two types of...
Persistent link: https://www.econbiz.de/10005661425
This paper studies the degree to which innovation by Costa Rican manufacturing firms creates or displaces employment, how different innovation strategies affect employment, and how these effects vary by firm size and type of employment demand characteristics (skills and gender). In particular...
Persistent link: https://www.econbiz.de/10010653224