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Persistent link: https://www.econbiz.de/10002368197
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
Research and Development (R&D) endogenous growth models predict and most evidence show that investment in R&D increases with economic development. We consider the type of human capital mainly used in research labs and show that the richest countries are investing proportionally less than middle...
Persistent link: https://www.econbiz.de/10005561343
Persistent link: https://www.econbiz.de/10000664636