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examines reasons for this divergence and its impact on productivity growth. Our micro-data reveal R&D concentration among high-productivity … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …
Persistent link: https://www.econbiz.de/10014535654
Using a new survey, we show that the dispersion of marginal products across firms in the European Union is about twice as large as that in the United States. Reducing it to the US level would increase EU GDP by more than 30 percent. Alternatively, removing barriers between industries and...
Persistent link: https://www.econbiz.de/10011815929
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 …
Persistent link: https://www.econbiz.de/10010374120
/EU productivity gap. We find robust evidence that US firms have a higher capacity to translate R&D into productivity gains (especially … in the high-tech industries), and this contributes to explaining the higher productivity of US firms. Conversely, EU … firms are more likely to achieve productivity gains through capital-embodied technological change at least in medium and low …
Persistent link: https://www.econbiz.de/10011476418
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011670848
, R&D investments, and productivity across 12 OECD economies and 17 manufacturing and service industries. Much of the … positive relationship between those cognitive skills and the labour productivity in a country-sector combination. The part of … the cross-country cross-sector variation in labour productivity that can be explained by human capital is remarkably large …
Persistent link: https://www.econbiz.de/10011595984
we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government … innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …
Persistent link: https://www.econbiz.de/10003940536
productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 …), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity. Moreover, the firm size advantage found for manufacturing in previous studies nearly disappears for knowledge …
Persistent link: https://www.econbiz.de/10011958696
We analyze the link between R&D, innovation, and productivity in MSMEs with a special focus on micro firms with fewer … their labor productivity. Overall, the link between R&D, innovation, and productivity in micro firms does not largely differ …
Persistent link: https://www.econbiz.de/10011452418
The international economic debate on the Transatlantic Trade and Investment Partnership (TTIP) has focused mainly on trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although the EU and the US are leading FDI host countries and...
Persistent link: https://www.econbiz.de/10011716195