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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
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Structural Change and the Kaldor Facts of Economic Growth
Foellmi, Reto; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2002
We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...
Persistent link: https://www.econbiz.de/10005792315
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Quality Improvements in Models of Growth
Barro, Robert J.; Sala-i-Martin, Xavier - C.E.P.R. Discussion Papers - 1994
Technological progress takes the form of improvements in the quality of an array of intermediate inputs to production. In an equilibrium that is standard in the literature, all research is carried out by outsiders, and success means that the outsider replaces the incumbent as the industry...
Persistent link: https://www.econbiz.de/10005067489
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Learning for Employment, Innovating for Growth
Falkinger, Josef; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998
productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …
Persistent link: https://www.econbiz.de/10005114510
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Everything You Always Wanted to Know about Inventors (But Never Asked): Evidence from the PatVal-EU Survey
Brusoni, Stefano; Crespi, Gustavo; Francoz, Dominique; … - C.E.P.R. Discussion Papers - 2006
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and...
Persistent link: https://www.econbiz.de/10005124480
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Venture Capital and Industrial ''Innovation''
Hirukawa, Masayuki; Ueda, Masako - C.E.P.R. Discussion Papers - 2008
measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment … impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this … and material. Therefore, our finding suggests that, at industry level, VC investment increases the patent propensity but …
Persistent link: https://www.econbiz.de/10005136420
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Hierarchical Growth: Basic and Applied Research
Amon, Christian; Gersbach, Hans; Sorger, Gerhard - C.E.P.R. Discussion Papers - 2010
We develop a model that incorporates salient features of growth in modern economies. We combine the expanding-variety growth model through horizontal innovations with a hierarchy of basic and applied research. The former extends the knowledge base, while the latter commercializes it. Two-way...
Persistent link: https://www.econbiz.de/10008466343
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Public Subsidies for Open Source? Some Economic Policy Issues of the Software Market
Schmidt, Klaus M.; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2003
This Paper discusses the economic merits of direct or indirect governmental support for open source projects. Software markets differ from standard textbook markets in three important respects that may give rise to market failures: (i) large economies of scale, (ii) crucially important...
Persistent link: https://www.econbiz.de/10005667093
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Innovations, Patent Races and Endogenous Growth
Zeira, Joseph - C.E.P.R. Discussion Papers - 2003
This Paper presents a model of innovations and economic growth, in which patent rates emerge endogenously, as a result … of two assumptions: first, R&D is innovation-specific, second, marginal cost of innovation is increasing. The Paper then … examines the effects of patent races on growth, welfare, and the market structure of R&D, and derives three main results. The …
Persistent link: https://www.econbiz.de/10005662359
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North-South R&D Spillovers
Coe, David T; Helpman, Elhanan; Hoffmaister, Alexander - C.E.P.R. Discussion Papers - 1995
We examine the extent to which developing countries that do little, if any, research and development themselves benefit from R&D that is performed in the industrial countries. By trading with an industrial country that has large `stocks of knowledge' from its cumulative R&D activities, a...
Persistent link: https://www.econbiz.de/10005667027