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The Impact of Military Research and Development Priorities on the Evolution of the Civil Economy in Capitalist States

Buzan, Barry; Sen, Gautam - C.E.P.R. Discussion Papers - 1989

between military and civil technology, at the different motives that drive innovation in the two sectors, and at the …

Persistent link: https://www.econbiz.de/10005281392

Financial Innovation and Endogenous Growth

Laeven, Luc; Levine, Ross; Michalopoulos, Stelios - C.E.P.R. Discussion Papers - 2009

We model technological and financial innovation as reflecting the decisions of profit maximizing agents and explore the … also engage in the costly, risky, and potentially profitable process of innovation: Financiers can invent more effective …. Consequently, technological innovation and, thus, economic growth stop unless financiers continually innovate. Historical …

Persistent link: https://www.econbiz.de/10008528522

Innovation Beyond Patents: Technological Complexity as a Protection against Imitation

Henry, Emeric; Ruiz-Aliseda, Francisco - C.E.P.R. Discussion Papers - 2012

A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often …

Persistent link: https://www.econbiz.de/10011084053

Education and Invention

Toivanen, Otto; Väänänen, Lotta - C.E.P.R. Discussion Papers - 2011

Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question … invention, using data on U.S. patents’ Finnish inventors and the distance to the nearest technical university as an instrument …

Persistent link: https://www.econbiz.de/10009275968

The Rise of Europe: Atlantic Trade, Institutional Change and Economic Growth

Acemoglu, Daron; Johnson, Simon; Robinson, James A - C.E.P.R. Discussion Papers - 2003

This Paper documents that the rise of (Western) Europe between 1500 and 1850 is largely accounted for by the growth of European nations with access to the Atlantic, and especially by those nations that engaged in colonialism and long distance oceanic trade. Moreover, Atlantic ports grew much...

Persistent link: https://www.econbiz.de/10005067437

Imperfect Labour Markets, the Stock Market and the Inefficiency of Capitalism

Manning, Alan - C.E.P.R. Discussion Papers - 1989

In a capitalist economy capitalists can sell their stake in a firm on the stock market whereas workers cannot sell their jobs. It is argued that when workers have some bargaining power this asymmetry in property rights leads to inefficiencies. The consequences of this are explored and certain...

Persistent link: https://www.econbiz.de/10005662149

Formation of Social Capital in Central and Eastern Europe: Understanding the Gap Vis-a-Vis Developed Countries

Fidrmuc, Jan; Gërxhani, Klarita - C.E.P.R. Discussion Papers - 2005

Recent Eurobarometer survey data are used to document and explain the stock of social capital in 27 European countries. Social capital in Central and Eastern Europe – measured by civic participation and access to social networks – lags behind that in Western European countries. Using...

Persistent link: https://www.econbiz.de/10005792441

The Macroeconomics of Labour and Credit Market Imperfections

Wasmer, Etienne; Weil, Philippe - C.E.P.R. Discussion Papers - 2002

Labour market frictions are not the only possible source of high unemployment. Credit market imperfections, driven by microeconomic frictions and influenced by macroeconomic factors, could also be to blame. To develop this idea in a simple and tractable macroeconomic model, we treat credit and...

Persistent link: https://www.econbiz.de/10005792453

Interpreting the 'One Big Wave' in US Long-Term Productivity Growth

Gordon, Robert J - C.E.P.R. Discussion Papers - 2000

substantive explanation for the big wave lies in the timing of inventions. MFP growth during the ‘big wave’ period benefited from … the diffusion of four great clusters of inventions that dwarf today's information technology revolution in their combined …

Persistent link: https://www.econbiz.de/10005124204

Small Firms and R&D Spillovers: Evidence from Italy

Audretsch, David B; Vivarelli, Marco - C.E.P.R. Discussion Papers - 1994

more important for small-firm innovation than for their larger counterparts. …

Persistent link: https://www.econbiz.de/10005497984