Showing 1 - 10 of 12
In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...
Persistent link: https://www.econbiz.de/10011565231
The present paper explores the demand-pull effect of distinct demand sources (i.e. households and retailers, other firms and public sector) on Italian companies' growth patterns. Data relies on the PEC (Indagine sulle Professioni e le Competenze) survey carried out by the Institute for Public...
Persistent link: https://www.econbiz.de/10012159971
Evolutionary theories of economic change identify the processes of idiosyncratic learning by individual firms and of market selection as the two main drivers of the dynamics of industries. Are such processes able to robustly account for the statistical regularities which industrial structures...
Persistent link: https://www.econbiz.de/10010502702
Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...
Persistent link: https://www.econbiz.de/10013465158
In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...
Persistent link: https://www.econbiz.de/10013363016
This paper presents an agent-based model (ABM) of endogenous arrival of technological paradigms and new sectors entailing different patterns of labour creation and destruction, as well as of consumption dynamics. The model, building on the labour-augmented K+S ABM, addresses the long-term...
Persistent link: https://www.econbiz.de/10012520255
debate, especially in phases of economic recession. So far, the effects of innovation - in its manifold declinations and … different compensation mechanisms through which employment adjusts after an innovation is introduced. Secondly, it critically … attempt to conceptualize a number of stylized facts and empirical regularities on the innovation-employment nexus. …
Persistent link: https://www.econbiz.de/10011444456
relationships between innovation and international performance. While periods of upswing are characterised by a well documented … 'virtuous circle'. between innovation inputs, new products and export success, during downswings most of the positive … diversity of technological change allows to disentangle the specificities and effects of innovation inputs and outputs, and of …
Persistent link: https://www.econbiz.de/10010530673
In this work we test if persistent innovators, defined according to different innovation activities (R&D, product and … process innovation, patenting) grow more than other firms, and if innovation persistence can contribute to explain the so far … definition of persistent innovators traditionally based on innovation surveys. Our findings, against the expectations, support …
Persistent link: https://www.econbiz.de/10011530252
This paper, relying on a still relatively unexplored long-term dataset on U.S.~patenting activity, provides empirical evidence on the history of labour-saving innovations back to early 19th century. The identification of mechanisation/automation heuristics, retrieved via textual content analysis...
Persistent link: https://www.econbiz.de/10012319178