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From Imitation to Innovation : Where is All that Chinese R&D Going?

König, Michael D.; Song, Zheng (Michael); … - 2022

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

Persistent link: https://www.econbiz.de/10013309719

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012948079

Ideas and Education : Level or Growth Effects?

Dowrick, Steve - 2021

This paper examines theory and evidence from recent studies into the contributions to economic growth of expenditure on education and on research and development. Investment in human capital has fundamentally different economic attributes to physical investment - exhibiting complementarity,...

Persistent link: https://www.econbiz.de/10013219680

Digital Dark Matter and the Economic Contribution of Apache

Greenstein, Shane M. - 2014

Researchers have long hypothesized that spillovers from government, university, and private company R&D contribute to economic growth, but these contributions may be difficult to measure when they take a non-pecuniary form. The growth of networking devices and the Internet in the 1990s and 2000s...

Persistent link: https://www.econbiz.de/10013062615

Heavyweights - the impact of large businesses on productivity growth

Falck, Oliver - 2007

The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10010264240

Quantifying the Contribution of Technological Change to Economic Growth in Different Eras: A Review of the Evidence

Crafts, Nicholas F. R. - London School of Economics and Political Science - 2003

Most economic historians would surely endorse Paul Romer's view expressed above that technological progress lies at the heart of long run economic growth. Long ago Kuznets identified the epoch of 'modern economic growth' as one where growth came to be driven by scientific and technological...

Persistent link: https://www.econbiz.de/10005870592

Political persistence, connections and economic growth

Bellettini, Giorgio; Ceroni, Carlotta Berti; Prarolo, … - 2009

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

Persistent link: https://www.econbiz.de/10010264563

Is tolerance good or bad for growth?

Berggren, Niclas; Elinder, Mikael - 2010

We investigate to what extent tolerance, as measured by attitudes toward different types of neighbors, affects economic growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We provide estimates based on cross-sectional as well as...

Persistent link: https://www.econbiz.de/10010321391

The Rise of American Ingenuity : Innovation and Inventors of the Golden Age

Akcigit, Ufuk - 2017

We examine the golden age of U.S. innovation by undertaking a major data collection exercise linking historical U … macro and micro-level determinants. We find a positive relationship between innovation and drivers of regional performance … delayed marriage, and tended to migrate to places that were conducive to innovation. Father's income was positively correlated …

Persistent link: https://www.econbiz.de/10012965422

On the Growth Effects of Import Competition

Baldwin, Richard E. - 2021

. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being …

Persistent link: https://www.econbiz.de/10013218724