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introduce a conceptual framework to examine how specialization, learning ('absorptive capacity') and innovation enhance the … and opportunities faced by a small economy that is deeply integrated into global networks of production and innovation. I … upgrade its IT industry through innovation. Second, Taiwanese firms now must increase R&D to avoid diminishing returns of …
Persistent link: https://www.econbiz.de/10008674707
While search is normally modelled by economists purely in terms of decisions over making observations, this paper models it as a process in which information is gained through feedback from innovatory product launches. The information gained can then be used to decide whether to exercise real...
Persistent link: https://www.econbiz.de/10008674714
behaviour that stresses the significance of cognition and learning for innovation while making the connection between …Quintessentially a US phenomenon, the information and knowledge economy (IKE) combines regional clusters of innovation …
Persistent link: https://www.econbiz.de/10005484572
This papcr uses a new firm panel data set to explore the relationship between R&D and productivity in German manufacturing firms for the period from 1979 to 1989. The results confirm the view that K&D is an important determinant of productivity growth. In the cross-section, the elasticity of...
Persistent link: https://www.econbiz.de/10009200555
Although the econometric evaluation of R&D has attracted wide interest in many countries, it has not attracted much in the UK. The main objective of this paper is to fill this void, i.e., to estimate the impact of R&D on productivity growth of the UK manufacturing sector. However, there are some...
Persistent link: https://www.econbiz.de/10009200623
It is well known the fact that in a highly competitive market as the European one, innovation is the driving force for … economic competitiveness. Statistical data shows large gaps between Romania and EU in the rates of innovation, but the …. Innovation is essentially a result for which research can be one source, along with other factors such as experience …
Persistent link: https://www.econbiz.de/10008773540
this article, the most important features of innovation for economic growth, as well as the direction of its investment … been characterized elements of investment risk has been made an investment risk analysis, innovation process and … performance indicators. In that article presents a vision of innovation and investment activity in Moldova. …
Persistent link: https://www.econbiz.de/10010604714
The innovation process is a complex phenomenon characterized by several stages reaching from basic research up to the … statistical evaluation can assess factors influence the innovation process. Information contained in such a system allows us to …
Persistent link: https://www.econbiz.de/10010604742
The research and development manager allocates R&D funds to maximize the expected discounted net value of the R&D programme. Because public R&D managers do not have the same market discipline (or rewards) as private R&D managers, public R&D managers require a methodology for maximizing the...
Persistent link: https://www.econbiz.de/10005446467
final technology. This myopic behavior may reduce both welfare and the speed of innovation. …
Persistent link: https://www.econbiz.de/10009205317