Showing 1 - 10 of 10
interpretative achievements stemming from e.g. the economics of innovation, industrial economics, epistemilogy of knowledge, economic … dynamic coupling between technological learning, forms of corporate organization and economic evolution. -- Innovation …
Persistent link: https://www.econbiz.de/10001691425
This paper studies how the interplay between technological shocks and financial variables shapes the properties of macroeconomic dynamics. Most of the existing literature has based the analysis of aggregate macroeconomic regularities on the representative agent hypothesis (RAH). However, recent...
Persistent link: https://www.econbiz.de/10003209414
This paper addresses the question of sectoral specialisation mechanisms and effects on growth rate differences providing an alternative approach to endogenous growth processes. The framework we choose draws on the Kaldorian cumulative causation approach to growth and the evolutionary modelling...
Persistent link: https://www.econbiz.de/10003209500
This paper links the rise of new industries populated by skill-intensive companies, and the divergence in labour incomes between skills. Our model explains inequality by the fact that as the skilled workers move towards new Silicon-Valley type firms, the reduced complementarity between skilled...
Persistent link: https://www.econbiz.de/10001690368
We analyse labor market dynamics with an agent based model, which replicates a set of stylized facts in the labor market as well as aggregate regularities. We are able to reproduce the Beveridge curve, job creation and destruction flows, a persistent unemployment level, and wages stickiness. On...
Persistent link: https://www.econbiz.de/10001690372
firms constantly searching for technological improvements. Both innovation and imitation processes are modeled and …
Persistent link: https://www.econbiz.de/10001907231
example in which more rational agents systematically perform worse than less rational ones. -- Innovation ; Endogenous Growth …
Persistent link: https://www.econbiz.de/10002132888
As innovation becomes an ever more central issue for the development of firms and world economies, so the need for … capturing relevant aspects of innovation phenomena and the process of industrial change. We propose trademarks as a … complementary indicator in the portfolio of available empirical tools of innovation studies and industrial dynamics. Our empirical …
Persistent link: https://www.econbiz.de/10003211763
their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
Persistent link: https://www.econbiz.de/10001691438