In response to technological change, U.S. corporations have been investing more in intangible capital. This … is that the creation of intangibles is largely achieved by human capital investment and requires lower upfront outlays …. Firms can self-finance the retention of human capital by granting deferred equity compensation. Interestingly, retaining …

and empirical literature analyses the impact of technological progress with respect to changes in regional productivity … distribution of 'human capital' (from the perspective that individuals acquire jobs in sectors in which they are more productive … NUTS-3 regions in Europe, is also presented. …

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative …. Empirical studies concerning these two factors indicate that unpredictable variations in economic productivity have a negative …

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …