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function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures …
Persistent link: https://www.econbiz.de/10011580909
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
We model investment in entrepreneurial human capital (EHC) - the representative enterprise's share of production capacity allocated to investment in innovative industrial and commercial knowledge - as a distinct channel through which firm-specific human capital drives endogenous growth. Our...
Persistent link: https://www.econbiz.de/10011734505
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
native and foreign STEM graduates have statistically significant and economically large effects on innovation. Together these … results suggest that policies that increase the stocks of both foreign and native STEM graduates increase innovation and …
Persistent link: https://www.econbiz.de/10010418916
The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data …
Persistent link: https://www.econbiz.de/10011950778
To examine the drivers of innovation, this paper studies the global R&D effort to fight the deadliest diseases and … innovation can be very large, as demonstrated by aggregate flow of clinical trials increasing by 38% in 2020, with limited … economists are naturally in favor of market size as a driving force for innovation (i.e."if the market size is sufficiently large …
Persistent link: https://www.econbiz.de/10012430944
on age and gender) and its performance with respect to innovative activities (outlays and employment in research and … total revenues and of R&D employment in total employment, whereas firms with a higher share of female employment seem to be … more active in R&D. -- ageing ; firm performance ; gender ; Germany ; innovation ; R&D …
Persistent link: https://www.econbiz.de/10009675512
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119