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We present a theory of the organization of work in an economy where knowledge is an essential input in production: a knowledge economy. In this economy a continuum of agents with heterogeneous skills must choose how much knowledge to acquire and may produce on their own or in organizations. Our...
Persistent link: https://www.econbiz.de/10013231868
To identify the determinants of cross-country disparities in personal computer and Internet penetration, we examine a panel of 161 countries over the 1999-2001 period. Our candidate variables include economic variables (income per capita, years of schooling, illiteracy, trade openness),...
Persistent link: https://www.econbiz.de/10013212918
This paper analyzes how better access to financial information via new technology changes use of consumer credit and affects financial fitness. We exploit the introduction of a smartphone application for personal financial management as a source of exogenous variation. FinTech adoption reduces...
Persistent link: https://www.econbiz.de/10012948059
markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … large quantities of STEM workers who possessed IT and software skills. Our findings support the view that the globalization …
Persistent link: https://www.econbiz.de/10012916620
worse than the rest of Europe. Deaths from chronic liver disease and lung cancer are particularly prevalent in Scotland. The …
Persistent link: https://www.econbiz.de/10013219200
This introduction to a special issue of EINT surveys a collection of ten papers that study various aspects of innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies have been conducted using data drawn from innovation...
Persistent link: https://www.econbiz.de/10012754241
the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been …
Persistent link: https://www.econbiz.de/10013226172
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 … the key component in productivity and growth, its spread and creation is the one ring of globalization that rules the more …
Persistent link: https://www.econbiz.de/10013063296
This paper presents and tests a new model of multinational firms to explain a rich array of multinational behavior. In contrast to most approaches, here the multinational faces costs to transferring its know-how that are increasing in technological complexity. Costly technology transfer gives...
Persistent link: https://www.econbiz.de/10012751042
globalization. Globalization leads to better matches for all southern workers but only for the best northern workers. As a result …, we show that globalization increases wage inequality in the South but not necessarily in the North. We also study how … globalization affects the size distribution of firms and the patterns of consumption and trade in the global economy …
Persistent link: https://www.econbiz.de/10013323444