creates environmental degradation. Research can be directed to improving the technology of machines in either sector. We … dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive …, the shorter is the slow growth transition phase; (iv) the use of an exhaustible resource in dirty input production helps …

diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks. Technological …

define technology as strongly labor saving if the aggregate production function of the economy exhibits decreasing … progress and technology adoption. In standard endogenous growth models, which feature a strong scale effect, an increase in the … differences in the appropriate index of technology,<font face="Symbol">q</font>, and labor. Conversely, technology is strongly …

. As the available public information about the specific technology increases, the trade-off shifts in favor of …

Technological progress takes the form of improvements in the quality of an array of intermediate inputs to production …

. Patent rights appear to block follow-on innovation only in the technology fields of computers, electronics and medical …

Guided by theories of management by exception, we study the impact of Information and Communication Technology on … worker and plant manager autonomy and span of control. The theory suggests that information technology is a decentralizing … force, whereas communication technology is a centralizing force. Using a new dataset of American and European manufacturing …

Support for many R&D and technology policies relies on empirical evidence that R&D ‘spills over’ between firms. But … there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have …