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The Economic Approach to Personality, Character and Virtue
Heckman, James J.; Galaty, Bridget; Tian, Haihan - National Bureau of Economic Research - 2023
This chapter presents an economic approach to character and personality traits with an application to the study of virtue. Economists interpret psychological traits, including character traits and virtue, as strategies that shape responses to situations (actions) determined by underlying...
Persistent link: https://www.econbiz.de/10014287358
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Innovation, Decentralization, and Planning in a Multi-Region Model of Schumpeterian Economic Growth
Batabyal, Amitrajeet A.; Nijkamp, Peter - 2014
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … little innovation in (i) the ith region, (ii) an aggregate economy of N>2 regions and (iii) an aggregate economy of N=2 …
Persistent link: https://www.econbiz.de/10014143303
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Transformative and Subsistence Entrepreneurs : Origins and Impacts on Economic Growth
Akcigit, Ufuk; Alp, Harun; Pearce, Jeremy; Prato, Marta - National Bureau of Economic Research - 2025
education, innovation, and entrepreneurship to foster transformative businesses and achieve long-run economic growth …
Persistent link: https://www.econbiz.de/10015409797
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Competing Engines of Growth : Innovation and Standardization
Acemoglu, Daron - 2010
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …
Persistent link: https://www.econbiz.de/10012462712
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Insurance, redistribution, and the inequality of lifetime income
Haan, Peter; Kemptner, Daniel; Prowse, Victoria - 2017
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against lifetime earnings risk. Based on a dynamic life-cycle...
Persistent link: https://www.econbiz.de/10011780780
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Transmission of Family Influence
Eshaghnia, Sadegh S. M.; Heckman, James J.; Landersø, … - National Bureau of Economic Research - 2024
This paper studies intergenerational mobility--the transmission of family influence. We develop and estimate measures of lifetime resources motivated by economic theory that account for differences in life-cycle trajectories, and uncertainty about future income. We identify the effects of...
Persistent link: https://www.econbiz.de/10015094865
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Knowledge spillovers : an evidence from the European regions
Kijek, Arkadiusz; Kijek, Tomasz - In: Journal of open innovation : technology, market, and … 5 (2019) 3/68, pp. 1-15
engaged. These findings contribute to the current debate in the geography of innovation and economics of knowledge literature. …The article deals with the issue of knowledge spillovers in the European regions. For this purpose, a standard … Knowledge Production Function (KPF) approach was extended by the application of spatial econometrics methods. Our analysis …
Persistent link: https://www.econbiz.de/10012123436
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Productivity and economic analysis of a new intensive collector in the Portuguese market with implication of open innovation perspective
Serrinha, Vera; Correia, Sérgio D.; Marques, Gastão - In: Journal of open innovation : technology, market, and … 5 (2019) 3/71, pp. 1-18
, contributes to narrowing this knowledge gap, by analyzing and comparing the productivity and profitability of two bee venom … the aim of the present work. Concerning market knowledge, a questionnaire was given to a sample of beekeepers, to …. The results obtained showed that the new intensive collector enables a profitable collection of bee venom in Portugal …
Persistent link: https://www.econbiz.de/10012123427
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"Open innovation" and "triple helix" models of innovation: can synergy in innovation systems be measured?
Leydesdorff, Loet; Ivanova, Inga A. - In: Journal of open innovation : technology, market, and … 2 (2016) 11, pp. 1-12
knowledge-based innovation systems. A system without sufficient options, for example, is locked-in. The generation of redundancy …" (TH) as attempts to find surplus value in bringing industrial innovation closer to public R&D. Whereas the firm is central … can take leading roles in innovation eco-systems. In addition to the (transversal) technology transfer at each moment of …
Persistent link: https://www.econbiz.de/10011523429
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Productivity slowdown, exhausted opportunities and the power of human ingenuity : Schumpeter meets Georgescu-Roegen
Pyka, Andreas; Bogner, Kristina; Urmetzer, Sophie - In: Journal of open innovation : technology, market, and … 5 (2019) 3/39, pp. 1-17
recently developed concept of Dedicated Innovation Systems (DIS). We conclude that traditional macro-level indicators are not …
Persistent link: https://www.econbiz.de/10012125025