Showing 1 - 5 of 5
studying institutions and technological innovation and examining how human capital and institutional constraints affect the …
Persistent link: https://www.econbiz.de/10005787003
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
the links between innovation and institutions. Using cross-country data and the instrumental variable method, this study … boost an economy’s rate of innovation. Most of the previous literature on institutional and economic performance finds a … of institutions on innovation spillover to the growth rate of GDP per capita, this paper shows evidence of a growth …
Persistent link: https://www.econbiz.de/10005619367
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