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destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …
Persistent link: https://www.econbiz.de/10010888453
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and … of stronger persistence in productivity than in innovation. …
Persistent link: https://www.econbiz.de/10010670799
Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in …, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
knowledge sector is bounded, as productivity increases, the economy moves from a “Solovian zone“ where wages increase with … productivity, to a “Marxian“ zone where they paradoxically decline with productivity. This is because as consumption of a given … creativity is more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from …
Persistent link: https://www.econbiz.de/10005181434
growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …
Persistent link: https://www.econbiz.de/10010586070
We study the link between public enforcement of property rights, innovation investments, and economic growth in an …
Persistent link: https://www.econbiz.de/10009386354
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010752785
discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and … instruments. Finally we discuss how governments might contribute to eco-innovation by selecting, stimulating or creating (inter …
Persistent link: https://www.econbiz.de/10010667411
The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the...
Persistent link: https://www.econbiz.de/10005094166
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10005094208