Narrow search
Showing 1 - 10 of 9,039
Cover Image
The rate and direction of inventive activity revisited
Lerner, Joshua (contributor); Stern, Scott (contributor) - 2012
Persistent link: https://www.econbiz.de/10009551980
Cover Image
Measuring Technological Innovation over the Long Run
Kelly, Bryan T. - 2018
innovation. We identify significant patents based on textual similarity of a given patent to previous and subsequent work: these … aggregate, sectoral, and firm level. Our technology indices span two centuries (1840-2010) and cover innovation by private and …
Persistent link: https://www.econbiz.de/10012480917
Cover Image
In Search of Ideas : Technological Innovation and Executive Pay Inequality
Frydman, Carola - 2015
We develop a general equilibrium model that delivers realistic fluctuations in both the level as well as the dispersion in executive pay as a result of changes in the technology frontier. Our model recognizes that executives add value to the firm not only by participating in production...
Persistent link: https://www.econbiz.de/10012456876
Cover Image
Localized and Biased Technologies : Atkinson and Stiglitz's New View, Induced Innovations, and Directed Technological Change
Acemoglu, Daron - 2014
. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …
Persistent link: https://www.econbiz.de/10012458604
Cover Image
Technological Innovation, Resource Allocation, and Growth
Kogan, Leonid - 2012
We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on … our measure suggests that technological innovation accounts for significant medium-run fluctuations in aggregate economic …
Persistent link: https://www.econbiz.de/10012460891
Cover Image
Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P. - 2011
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10012461404
Cover Image
Technological Growth and Asset Pricing
Gârleanu, Nicolae B. - 2009
In this paper we study the implications of general-purpose technological growth for asset prices. The model features two types of shocks: "small", frequent, and disembodied shocks to productivity and "large" technological innovations, which are embodied into new vintages of the capital stock....
Persistent link: https://www.econbiz.de/10012463310
Cover Image
Adoption Curves and Social Interactions
Brock, William A. - 2009
This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10012463584
Cover Image
Implementing Technology
Comin, Diego - 2007
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology …
Persistent link: https://www.econbiz.de/10012465770
Cover Image
The Induced Innovation Hypothesis and Energy-Saving Technological Change
Newell, Richard G. - 1998
It follows from Hicks' induced innovation hypothesis that rising energy prices in the last two decades should have … induced energy-saving innovation. We formulate the hypothesis concretely using a product-characteristics model of energy … innovation. Through estimation of characteristics transformation surfaces, we find that technological change reduced the total …
Persistent link: https://www.econbiz.de/10012472368