Showing 1 - 10 of 472
effect of the composition of economic activity on innovation. We test whether the specialization of economic activity within … together complementary activities, better promotes innovation. The evidence provides considerable support for the diversity …
Persistent link: https://www.econbiz.de/10005662217
Only a few years ago the conventional wisdom predicted that globalization would render the demise of the region as a meaningful unit of economic analysis. Yet the obsession of policy-makers around the globe to 'create the next Silicon Valley' reveals the increased importance of geographic...
Persistent link: https://www.econbiz.de/10005661735
This paper estimates the effect of the decision to import intermediate goods and capital equipment on Total Factor Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative approaches. In the first, we estimate TFP using...
Persistent link: https://www.econbiz.de/10004972170
The purpose of this paper is to try to shed some new light on the current industrial policy crisis. This paper proposes that the industrial policy debate is shaped by knowledge about the functioning of the underlying industrial structure, which in turn is the Gegenstand of scholars in the field...
Persistent link: https://www.econbiz.de/10005136586
Expansion in mobile phone coverage has improved access to information throughout the developing world, particularly within sub-Saharan Africa. The existing evidence suggests that information technology has improved market efficiency and reduced consumer prices for certain commodities. There are...
Persistent link: https://www.econbiz.de/10011083580
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent career...
Persistent link: https://www.econbiz.de/10005666782
In an influential paper Mankiw, Romer and Weil (1992) argue that evidence on the international disparity in levels of per-capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...
Persistent link: https://www.econbiz.de/10005791799
This paper develops a model to analyse the implications of firing costs on incentives for R&D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labour market will tend to produce relatively secure goods, at late stages in their product...
Persistent link: https://www.econbiz.de/10005136526
more important for small-firm innovation than for their larger counterparts. …
Persistent link: https://www.econbiz.de/10005497984
financial distress. When the code is creditor-friendly, excessive liquidations cause the firm to shy away from innovation. In … contrast, by promoting continuation upon failure, a debtor-friendly code induces greater innovation. This effect remains robust … when the firm attempts to sustain innovation by reducing its debt under creditor-friendly codes. Employing patents as a …
Persistent link: https://www.econbiz.de/10005136739