Showing 1 - 10 of 169
This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver … of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific …; boosts labor standards; and influences incomes and inequality within and across countries. To the extent that knowledge is …
Persistent link: https://www.econbiz.de/10012459360
While the potential for intellectual property rights to inhibit the diffusion of scientific knowledge is at the heart … this debate is how intellectual property rights over a given piece of knowledge affects the propensity of future … researchers to build upon that knowledge in their own scientific research activities. This article frames this debate around the …
Persistent link: https://www.econbiz.de/10012467215
There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...
Persistent link: https://www.econbiz.de/10012468794
The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the …
Persistent link: https://www.econbiz.de/10012458650
We analyze different disability policy strategies using policy scores developed by the OECD for the period 1990 to 2007. Applying model-based and hierarchical agglomerative clustering, we investigate the existence of distinct country clusters, characterized by particular policy combinations. In...
Persistent link: https://www.econbiz.de/10012456469
Clusters are geographic concentrations of industries related by knowledge, skills, inputs, demand, and/or other …
Persistent link: https://www.econbiz.de/10012458291
It is standard practice in empirical work to allow for clustering in the error covariance matrix if the explanatory variables of interest vary at a more aggregate level than the units of observation. Often, however, the structure of the error covariance matrix is more complex, with correlations...
Persistent link: https://www.econbiz.de/10012462895
Researchers have increasingly realized the need to account for within-group dependence in estimating standard errors of regression parameter estimates. The usual solution is to calculate cluster-robust standard errors that permit heteroskedasticity and within-cluster error correlation, but...
Persistent link: https://www.econbiz.de/10012465228
In this paper we propose a new variance estimator for OLS as well as for nonlinear estimators such as logit, probit and GMM, that provcides cluster-robust inference when there is two-way or multi-way clustering that is non-nested. The variance estimator extends the standard cluster-robust...
Persistent link: https://www.econbiz.de/10012466120
Persistent link: https://www.econbiz.de/10012480214