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African countries lag clearly behind developed countries when it comes to accumulating technological capabilities, upgrading and catching up. Also, firms in least developed countries are characterised by very low levels of absorptive capacity. It is therefore crucial to understand how this...
Persistent link: https://www.econbiz.de/10005077271
This study investigates the determinants of R&D expenditures in the Swedish pharmaceutical industry from the 1960s to the mid 1990s. Various proxies for the rate of return of R&D (e.g. expected profit, sales and R&D productivity) as well as the availability of internal funding (proxied by past...
Persistent link: https://www.econbiz.de/10005077278
plagued by low pay-off in relation to very high investments in R&D and innovation efforts. Using new data, we show that this …. The paradox is also related to the moderate growth of labour productivity in Sweden. Further, we show that the paradox is … related to the Swedish paradox. We take account of the history of innovation policy in Sweden and – on the basis of the …
Persistent link: https://www.econbiz.de/10005077279
in relation to those shifts in markets that presently occur due to global spread of industrialization and economic growth. …
Persistent link: https://www.econbiz.de/10005022197
international panel data set of large R&D performing firms, we can show empirically that a firm’s innovation activities affect its … growth perspectives and its asset base differently, depending on the degree of exploitation/exploration. We also show that … increasing sales growth and preservation of the asset base, an external competitive dimension, and a contingency dimension …
Persistent link: https://www.econbiz.de/10010818696
towards the foreign market vs. the domestic market to find stimuli for innovation …
Persistent link: https://www.econbiz.de/10010722781
This paper discusses the role of capabilities and competitiveness for the economic growth of nations. The capability … on economic growth on data for the period 1995-2013. The final section presents the conclusions from the study and raises …
Persistent link: https://www.econbiz.de/10011157176
Firms from emerging countries such as Brazil, India, and China (BIC) are going global, and Europe is attracting around one-third of their direct outward investments. Growing internationalization constitutes an opportunity for technological catch up. In this paper we analyze BIC firms’...
Persistent link: https://www.econbiz.de/10010945041
The vast literature of systems of innovation is rich in theoretical and empirical studies about the complexity and … manner the nature and types of strategic choices that public actors in systems of innovation are facing given the ever … posing to systems of innovation in industrialised and developing countries, past and present. The next section approaches the …
Persistent link: https://www.econbiz.de/10005077255
The paper focuses on energy transitions in Europe over the last four centuries. Special attention is given to the models of theoretical explanations for the historical energy transitions and how these may be empirically assessed. The twin model of serial substitutions (supply side) and energy...
Persistent link: https://www.econbiz.de/10005077256