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This paper offers the first systematic historical evidence on the role of a central actor in modern growth theory - the … engineers diverged in their growth trajectories over the next century. The results are supported by historical case studies from …
Persistent link: https://www.econbiz.de/10011602763
linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its …-1994. The interaction of this pre-existing network structure with patent growth in upstream technology fields has strong … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 …
Persistent link: https://www.econbiz.de/10011557905
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and for the …. 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
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level … causal effect of human capital on income, net of the innovation channel. …
Persistent link: https://www.econbiz.de/10009792180
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social plannerś benchmark, which suggests a role for patent policy. We focus on a "non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative price of ICT goods and services in a structural VAR...
Persistent link: https://www.econbiz.de/10012391362
Biographical information on a sample of renowned U.S. inventors is combined with information on the patents they … received over their careers, and employed to highlight the implications of patent institutions for markets in inventions and … for democratization. The United States deliberately created a patent system that differed from existing European systems …
Persistent link: https://www.econbiz.de/10011451502
estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …. The instrumented elasticity of export growth on the intensive margin with respect to the exporter's productivity growth is …
Persistent link: https://www.econbiz.de/10011568775
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially … firms respond to a given concentration in the economy. The results highlight that a decline in knowledge diffusion between … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …
Persistent link: https://www.econbiz.de/10012104042
markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an … inverse U-shaped relationship between patent strength and growth: moderate levels of patent protection can stimulate growth … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge …
Persistent link: https://www.econbiz.de/10014383652