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Spillovers Reconsidered: Analysing Economic Welfare under Complementarities in R&D

Graevenitz, Georg von - EconWPA - 2005

We analyse economic welfare in R&D intensive industries under varying assumptions on the spillover process. The focus lies on spillover processes with complementary R&D investments such as those modelling absorptive capacity. There spillovers give rise to both negative and positive...

Persistent link: https://www.econbiz.de/10005412967

A Theory of Technology Diffusion

Mukoyama, Toshihiko - EconWPA - 2003

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

Innovation, Market Structure and Economic Growth

Palma, Nuno Pedro Gonçalves - EconWPA - 2004

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...

Persistent link: https://www.econbiz.de/10005134434

Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing

Emmanuel, DUGUET - EconWPA - 2004

We examine the contribution of incremental and radical innovations to total factor productivity (TFP) growth at the firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different innovation regimes. On the one hand, radical innovations rely...

Persistent link: https://www.econbiz.de/10005407643

Wants and Past Knowledge: Growth Cycles with Emerging Industries

Horii, Ryo - EconWPA - 2005

This paper develops a theory of endogenous growth cycles focusing on the interaction between consumers' desire to satisfy an indefinite range of wants and firms' incentive to utilize knowledge from past production experiences. We show that firms endogenously form a number of distinguishable...

Persistent link: https://www.econbiz.de/10005407691

Economic Growth and the Financial Economics of Capital Accumulation under Shifting Technological Change

Amavilah, Voxi Heinrich S; Newcomb, Richard T. - EconWPA - 2004

This paper develops a simple and practical framework for characterizing (long-run) economic growth and fluid capital accumulation under shifting technological change. The framework specifies a technological change that depends on exogenous and endogenous factors as well as the interaction...

Persistent link: https://www.econbiz.de/10005408266

Human Capital Composition, R&D and the Increasing Role of Services

Sequeira, Tiago; Reis, Ana Balcão - EconWPA - 2004

A growth model with endogenous innovation and accumulation of high-tech and low- tech human capital is developed. The model accounts for a recently established fact about human capital composition, which stated that \the richest countries are investing proportionally less than middle income...

Persistent link: https://www.econbiz.de/10005118667

Patterns of Advanced Technology Adoption and Manufacturing Performance: Employment Growth, Labor Productivity, and Employee Earnings

Beede, David N.; Young, Kan H. - EconWPA - 1996

Previous studies of the relationship between technology adoption and performance in U.S. manufacturing plants take the …. However, the technology count approach masks potential differences in performance among plants that adopt the same number, but … different combinations, of technologies. The present study advances earlier work by examining how plant performance is …

Persistent link: https://www.econbiz.de/10005118843

SOCIO-ECONOMIC IMPLICATIONS OF COMBRAINS

DR.VSR.SUBRAMANIAM - EconWPA - 2005

Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...

Persistent link: https://www.econbiz.de/10005118844

Export variety and economic growth in East European transition economies

Funke, Michael; Ruhwedel, Ralf - EconWPA - 2003

Utilising panel data for 14 East European transition economies, we find support for the hypothesis that a greater degree of export variety relative to the U.S. helps to explain relative per capita GDP levels. The empirical work relies upon some direct measures of product variety calculated from...

Persistent link: https://www.econbiz.de/10005561365

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