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different components of the labour force on innovation at the sectoral level between 1994 and 2005. The authors focus, in … determinants of innovation, such as R&D investments, stock of patents and openness to trade. To address possible endogeneity of … accordingly. Our results show that highly-educated migrants have a positive effect on innovation even if the effect is smaller …
Persistent link: https://www.econbiz.de/10010528595
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10010224594
We prove that the change in welfare of a representative consumer is summarized by the current and expected future values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility while taking prices parametrically. This result justifies...
Persistent link: https://www.econbiz.de/10003925275
We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we … could get more GDP without innovation by simply duplicating existing physical capital and labour (e.g. adding a second …
Persistent link: https://www.econbiz.de/10003811075
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from the premise that technological progress falls primarily on market-traded commodities rather than prosocial relationships, since the latter intrinsically require the expenditure of...
Persistent link: https://www.econbiz.de/10012418627
Persistent link: https://www.econbiz.de/10000887639
Persistent link: https://www.econbiz.de/10000879715
The UK imports many doctors from abroad, where medical training and experience might be different. This study attempts to understand how drug prescription behaviour differs in English GP practices which have larger or smaller numbers of foreign-trained GPs. Results show that in general practices...
Persistent link: https://www.econbiz.de/10013500558
Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues … innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …
Persistent link: https://www.econbiz.de/10003940536
Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro-econometric evaluation of their causal effects is rare. We exploit multiple changes in the area-specific eligibility criteria for a major program to support manufacturing jobs...
Persistent link: https://www.econbiz.de/10009530771