In this paper we discuss two propositions: the supply and demand of knowledge, and network externalities. We outline the characteristics that distinguish knowledge-intensive industries from the general run of manufacturing and service businesses. Knowledge intensity and knowledge specialisation...

This chapter is concerned with the ‘new’ world of information technology and knowledge intensity. This is a world marked by big investments in R&D, different cost structures and significantly changed demand conditions. You should read this chapter in conjunction with Chapter 19, which deals...

Indian economic development in the recent period has attracted both favourable and unfavourable attention abroad. The development community including academics and activists regards the record of the Indian economy during the last twenty years as being extremely good by international standards....

In this paper we investigate an example of a very widely applied model for the delivery of IT services to rural and poor populations. The model is one where limited intervention to support infrastructure and coordinate resources is combined with market-based delivery of IT services to the end...

We statistically evaluate the impact that technology has on economic performance. We find that technologies such as the computer increase the productivity of an economy’s labor force and increase the per capita GDP. We find it is developing, not industrialized, economies that most benefit from...

This paper examines the impact of transaction costs on economic welfare and development. We extend the static model of Romer (1994), in which transaction costs reduce welfare by the reducing the equilibrium number of intermediate goods, and estimate the welfare losses in the case of domestic...

Das Ziel der vorliegenden Arbeit besteht darin, die Frage nach den technologischen Chancen - d.h. nach den Chancen von Innovatoren, Zugang zu ökonomisch verwertbarem technischem Wissen zu erhalten - anhand schweizerischer Daten empirisch zu untersuchen. Dabei wurde dieser zentrale...

Das vorliegende Arbeitspapler fasst die Ergebnisse einer im Sommer 1988 durchgeführten schriftlichen Expertenbefragung zu den Bestimmunsfaktoren von Forschung und Entwicklung in der Schweizer Industrie zusammen. Von den 940 beragten Untemehmungen haben 358 Oder ca. 40% geantwortet; sie waren in...

The Republic of Bulgaria has been a Member State of the European Union since 2007. Its economic development has been framed by a Currency Board Arrangement (binding the national currency to the euro) since 1997. Recent development is characterised by slow economic growth. Preliminary GDP data...