knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …Pressure on public finances has increased scrutiny of public support for innovation. We examine two particular issues … we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

follows a Poisson process where firms improve their productivity through investment in R&D. The less there are firms in the …

work effort, fertility, and the demographic transition. And it affects total factor productivity by constraining or …

impact of AI on jobs, inequality, wages, labor productivity and long-run GDP growth are explored. …

distance to US-Canada (Europe) (Japan) is -18.9 (-2.13) (-9.78)%, with an overall impact of -12.4%. …

how it they are influenced by a country's "innovation system". Substitution depends on demand and production elasticities …, and other factors influenced by the innovation system. Making use of World Economic Forum data we estimate the … relationship for thirteen countries and find that countries with poor innovation capabilities substitute robots for workers much …

, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are … (viii) clusters enhance collaboration, patents and productivity. Key problems for economic policy advice are that the …