Showing 1 - 10 of 15
Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …
Persistent link: https://www.econbiz.de/10008680983
This paper builds up an endogenous growth model à la Aghion and Howitt (1992) and Boucekkine et al (2005). We assume that R&D firms use only investment good as input, instead of final good as hypothesized in the above two models. We show that investment price will be a negative function of...
Persistent link: https://www.econbiz.de/10011109678
The New Keynesian Real Business Cycle model with staggered price adjustment is augmented with a R&D producing sector. Two sources of economic shocks are considered, namely random paritcipation (perturbances to value of alternative investment opportunities in another sector) and financial...
Persistent link: https://www.econbiz.de/10011113400
formulating an effective policy to promote innovation in green chemical technology. …
Persistent link: https://www.econbiz.de/10011201263
of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which … (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and …
Persistent link: https://www.econbiz.de/10008876897
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added...
Persistent link: https://www.econbiz.de/10005016255
We develop a model of strategic networks that captures two distinctive features of interfirm collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights the relationship between market competition, firms' incentives to invest in R&D, and the architecture of...
Persistent link: https://www.econbiz.de/10005144414
This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF's multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...
Persistent link: https://www.econbiz.de/10005837543
This paper describes a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages in which student sellers first make investment decisions then production decisions. The classroom...
Persistent link: https://www.econbiz.de/10005504934
Increasing the renewable energy share in national energy mix remains one of the major energy policy goals across many economies. This paper assesses the roles and potentials of renewable energy sources in less-developed economies while citing Nepal as an example. Renewable energy has a...
Persistent link: https://www.econbiz.de/10009148022