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externalities and their impact on regional innovation. We examine MSA-level patent data during the period 1975-2000 and find that … innovation output is higher in regions where large and small firms coexist. The finding is robust to across-region as well as …
Persistent link: https://www.econbiz.de/10011084673
We develop a simple growth model with imperfect competition in which demand conditions can affect the dynamics of capital accumulation, hindering or enhancing growth. In our model the elasticity of the demand schedule faced by a typical firm depends on the aggregate savings rate. The latter...
Persistent link: https://www.econbiz.de/10005124443
may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …
Persistent link: https://www.econbiz.de/10005662038
Throughout the post-war era until 1995 labour productivity grew faster in Europe than in the United States. Since 1995 …, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe’s productivity growth … between the EU and US going back to 1980. This paper is about the strong negative trade-off between productivity and …
Persistent link: https://www.econbiz.de/10005124319
In this paper we quantify the effects of the Small Scale Reservation Laws in India on the aggregate productivity …
Persistent link: https://www.econbiz.de/10008854474
-run growth into its underlying drivers. At low frequencies, variations in the growth rate of labor productivity appear to be the …
Persistent link: https://www.econbiz.de/10011145426
euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity …
Persistent link: https://www.econbiz.de/10008468598
Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues … we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …
Persistent link: https://www.econbiz.de/10008468645
We analyse strategic interaction in R&D internationalization decisions by two multinational firms competing both abroad and in their home markets and examine different incentives for foreign R&D faced by technology leaders and technology laggards. The model takes into account the impact of local...
Persistent link: https://www.econbiz.de/10005124240
panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
Persistent link: https://www.econbiz.de/10011196027