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, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency …
Persistent link: https://www.econbiz.de/10008592990
This paper studies the evolution of the distribution of firms in the ferrous metals industry by efficiency levels. The proposed model takes into account interaction of processes of creation and adoption of technologies and depreciation of assets. It is shown that the model approximates real data...
Persistent link: https://www.econbiz.de/10008536068
A simple model of imitation and innovation is developed to explain a complicated picture of relative productivity … imitation, only innovation or a mixed policy prevails. We demonstrate how one can find the stationary states and check their … stability for a broad class of imitation-innovation cost functions. Using World Bank statistical data for the period of 1980 …
Persistent link: https://www.econbiz.de/10008543535
A simple model of technological imitation and innovation is developed to explain club convergence in the evolution of … includes only innovation-imitation tradeoff, and the second one takes into account traditional investment decisions as well. It … versions, there are three types of stable steady-state regimes, with only imitation, only innovation or a mixed policy. Using …
Persistent link: https://www.econbiz.de/10008545982
We propose a difference-differential equation that reflects interactions between innovation and imitation processes to …
Persistent link: https://www.econbiz.de/10008468150
The concepts of absorptive capacity and innovative capability have been introduced to describe abilities of a country to imitate and, accordingly, to create more advanced technologies. In this paper we suggest new indicators of these two abilities. To calculate them, we develop an endogenous...
Persistent link: https://www.econbiz.de/10011110996