The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data … talent is a central ingredient in the production of knowledge. Second, such talented individuals born in low- or middle …-income countries are systematically less likely to become knowledge producers. Our findings suggest that policies to encourage …

How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and … barriers to the domestic diffusion of foreign knowledge have fallen significantly for emerging economies. For all countries …, and especially for emerging economies, inflows of foreign knowledge have a growing and quantitatively important impact on …

The knowledge production function is central to R&D-based growth models. This paper empirically investigates the … knowledge production function and intertemporal spillover effects using cointegration techniques. Time-series evidence suggests … there are two long-run cointegrating relationships. The first captures a long-run knowledge production function; the second …

Japan's efforts to reflate the domestic economy and achieve the inflation target. This paper takes a closer look at …

’s use in international trade are mixed. It is also shown that, despite Japan’s emergence as the world’s largest net creditor … nation, Japan’s capital outflows have not significantly facilitated the yen’s internationalization. Data are presented …

can result in rising returns to innovation and in turn greater demand for cash as firms insure against innovation … major G7 countries during 1995-2014, a period that saw an unprecedented rise in globalization and business innovation …

This paper investigates the main postulations of the R&D based growth models that innovation is created in the R …&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R … the period 1981–97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and non …

' hypothesis that foreign innovation activities tap into foreign R and D and improve home productivity through knowledge spillovers … innovation using more than 1.5 million patents granted to firms in OECD countries. We test the 'international technology sourcing … their R and D. The strength of knowledge spillovers depends on the direction of technology sourcing. Knowledge externality …