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Structural interactions and long run growth: An application of Experimental Design to Agent Based Models

Ciarli, Tommaso - Volkswirtschaft Abteilung, Fachbereich … - 2012

We propose an agent-based computational model defining the following dimensions of structural change - organisation of production, technology of production, and product on the supply side, and income distribution and consumption patterns on the demand side - at the microeconomic level. We define...

Persistent link: https://www.econbiz.de/10010894160

Evolutionary Micro-dynamics and Changes in the Economic Structure

Lorentz, André; Savona, Maria - Volkswirtschaft Abteilung, Fachbereich … - 2007

The paper aims to account for the empirical stylised facts related to changes in sectoral structures that have led to the growth of services in most advanced countries over recent decades. A growth model with evolutionary micro-founded structural change is developed, which formalises the role of...

Persistent link: https://www.econbiz.de/10005765349

When economic growth is less than exponential

Groth, Christian; Koch, Karl-Josef; Steger, Thomas M. - Volkswirtschaft Abteilung, Fachbereich … - 2009

This paper argues that growth theory needs a more general notion of “regularity” than that of exponential growth. We suggest that paths along which the rate of decline of the growth rate is proportional to the growth rate itself deserve attention. This opens up for considering a richer set...

Persistent link: https://www.econbiz.de/10005004425

Is Academic Entrepreneurship Good or Bad for Science? Empirical Evidence from the Max Planck Society

Buenstorf, Guido - Volkswirtschaft Abteilung, Fachbereich … - 2006

Based on new data, this paper studies invention disclosure, licensing, and firm formation activities of Max Planck Institute directors over the time period 1985-2004, and analyzes their effects on scientists' publication and citation records. The results are consistent with prior findings that...

Persistent link: https://www.econbiz.de/10005824128

Micro-dynamics of knowledge: actors, processes and territorial organization

Strambach, Simone - Volkswirtschaft Abteilung, Fachbereich … - 2013

innovation biographies. …

Persistent link: https://www.econbiz.de/10011141159

Science, Innovation and National Growth

Brenner, Thomas - Volkswirtschaft Abteilung, Fachbereich … - 2014

This paper studies the effects of public research (publications) and innovation output (patents) on national economic … as well as less and more developed countries are studied separately. The results confirm the effect of innovation output … on productivity for more developed countries. Simultaneously, innovation output is found to have negative impacts on …

Persistent link: https://www.econbiz.de/10010894446

Empirical Analysis of the Assessment of Innovation Effects in U.S. Merger Cases

Kerber, Wolfgang; Kern, Benjamin; Dewenter, Ralf - Volkswirtschaft Abteilung, Fachbereich … - 2014

and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the innovation effects of … mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …

Persistent link: https://www.econbiz.de/10010941614

The Regional Dimension of Knowledge Transfers - A Behavioral Approach

Broekel, Tom; Binder, Martin - Volkswirtschaft Abteilung, Fachbereich … - 2006

Innovations are inherently connected to knowledge transfers. The need of face-to-face contacts to transfer tacit knowledge is commonly argued to cause a regional dimension of innovative activities. The paper presents an alternative explanation based on a model of boundedly rational actors who...

Persistent link: https://www.econbiz.de/10005765352

Distance to Frontier and Appropriate Business Strategy

Coad, Alexander - Volkswirtschaft Abteilung, Fachbereich … - 2008

This paper is an empirical test of the hypothesis that the appropriateness of different business strategies is conditional on the firm's distance to the industry frontier. We use data on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

Persistent link: https://www.econbiz.de/10005588067

Regional resilience and fat tails: A stochastic analysis of firm growth rate distributions of German regions

Duschl, Matthias - Volkswirtschaft Abteilung, Fachbereich … - 2014

This paper breaks down the distributional analysis of firm growth rates to the domain of regions. Extreme growth events, i.e. fat tails, are conceptualized as an indicator of competitive regional environments which enable processes like structural adaptation or technological re-orientation. An...

Persistent link: https://www.econbiz.de/10011141153