Showing 1 - 10 of 432
accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence … the same society had higher similarity in patenting, suggesting that social networks facilitated spatial knowledge …
Persistent link: https://www.econbiz.de/10013285574
' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …
Persistent link: https://www.econbiz.de/10014383652
This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper … develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production … plants if communication costs impede the access of production plants to headquarter knowledge. The paper assumes that the …
Persistent link: https://www.econbiz.de/10011281300
Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …
Persistent link: https://www.econbiz.de/10012415623
or in the knowledge sector, which designs new varieties. It is shown that if the elasticity of labor supply to the … knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with …
Persistent link: https://www.econbiz.de/10011398011
Persistent link: https://www.econbiz.de/10003624471
endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111
How do geographic frictions affect firm organization? We show theoretically and empirically that geographic frictions increase the use of middle managers in multi-establishment firms. In our model, we assume that the time of the CEO of a firm is a resource of limited supply that is shared among...
Persistent link: https://www.econbiz.de/10011955563
-region growth model with endogenous fertility, in which public knowledge spillovers from the more advanced core into children …
Persistent link: https://www.econbiz.de/10012628761
At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10009781695