The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … innovators can draw. Both of these are endogenous: Investments in innovations are affected by the pool of knowledge and the …

This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver … of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific …; boosts labor standards; and influences incomes and inequality within and across countries. To the extent that knowledge is …

How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational … firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign affiliates in … either embodied (traded intermediates) or disembodied form (direct communication). Knowledge transfer costs interact with the …

long to train, but also how broadly. A quot;knowledge trapquot; occurs in economies where skilled workers favor broad but … shallow knowledge. This simple idea can inform cross-country income differences, international trade patterns, poverty traps …

We study whether current spending levels and public knowledge of them contribute to transatlantic differences in policy … effects vary by prior knowledge in a manner consistent with information effects rather than priming. Support for salary …

This paper examines the role of knowledge elites in modernization. At the eve of the French Revolution, in the spring … particularly high in regions that had a thick knowledge elite, measured by subscribers to the famous Encyclopédie in the 1770s …. Historical evidence suggests that this pattern is driven by the spirit of enlightenment of French knowledge elites. Pre …

Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …, and particle physics. We develop a combinatorial-based knowledge production function and embed it in the classic Jones …. This production function is a generalization (and reinterpretation) of the Romer/Jones knowledge production function …

knowledge accumulates as technology progresses, then successive generations of innovators may face an increasing educational … negative implications for growth. I develop a formal model of this "knowledge burden mechanism" and derive six testable … sufficiently rapid increase in the burden of knowledge. In cross-section, the model predicts that specialization and teamwork will …