Showing 1 - 10 of 20
What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...
Persistent link: https://www.econbiz.de/10005126129
This study analyses the dynamics of productivity growth at the micro level in Finnish manufacturing industries. It is shown that productivity-enhancing restructuring (so-called “creative destruction”) has played a crucial role especially since the mid-1980s. Empirical evidence is provided...
Persistent link: https://www.econbiz.de/10010987156
Persistent link: https://www.econbiz.de/10005818441
The market for information and communication technologies is changing rapidly. Products and applications that used to be completely separate are becoming almost interchangeable. Sweeping change lies ahead in voice and data telephony: the fixed-line telephone network faces new competition from...
Persistent link: https://www.econbiz.de/10005126023
This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation …: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market … structure in different markets emerges as a consequence of different investment on innovation opportunities. Main variables that …
Persistent link: https://www.econbiz.de/10005134434
The current problems in mobile telephony are leading critics to make overly pessimistic predictions that 3G – the third-generation mobile phone system – will never become profitable. However, the resulting calls not to introduce 3G and instead directly back alternative wireless technologies...
Persistent link: https://www.econbiz.de/10005062459
It became clear early on that UMTS, also known as 3G (third-generation mobile phone systems), would be a key technology for profitable markets of the future. However UMTS technology offers some major advantages that can be demonstrated under laboratory conditions but which it will not be...
Persistent link: https://www.econbiz.de/10005407651
The effect of human capital on growth and development has been somewhat neglected in economic literature. However, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European Commission and OECD has presented data that reveal the...
Persistent link: https://www.econbiz.de/10005412820
discussion are also reflected on the newly formed innovation policy instrument in Finland - SHOKs (Strategic centres for science …, technology and innovation), which aim to direct a large share of the Finnish public R&D subsidies towards more demand-based and … incumbent-driven innovation activity. …
Persistent link: https://www.econbiz.de/10008578340
A growth model with endogenous innovation and accumulation of high-tech and low- tech human capital is developed. The …
Persistent link: https://www.econbiz.de/10005118667