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ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production
Mohnen, Pierre - 2018
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate an integrated model of investment profile adoption and...
Persistent link: https://www.econbiz.de/10012911090
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Make Versus Buy in Trucking : Asset Ownership, Job Design and Information
Baker, George P.; Hubbard, Thomas N. - 2021
Explaining patterns of asset ownership in the economy is a central goal of both organizational economics and industrial organization. We develop a model of asset ownership in trucking, which we test by examining how the adoption of different classes of on-board computers (OBCs) between 1987 and...
Persistent link: https://www.econbiz.de/10013229108
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Importing Skill-Biased Technology
Burstein, Ariel T. - 2011
Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it is complementary to skilled labor. Most countries import a large share of their capital equipment, and by doing so import skill-biased technology. In this paper we develop a...
Persistent link: https://www.econbiz.de/10013119969
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Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P - 2014
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10013067628
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Organizing Offshoring : Middle Managers and Communication Costs
Antras, Pol - 2009
particularly attractive locations to offshore? In this paper we address these questions with a theory of international production … hierarchies in which organizations arise endogenously to make efficient use of agents' knowledge. Our theory highlights the role …
Persistent link: https://www.econbiz.de/10012767355
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General Purpose Technologies
Jovanovic, Boyan; Rousseau, Peter L. - 2021
Electricity and Information Technology (IT) are perhaps the two most important general purpose technologies (GPTs) to date. We analyze how the U.S. economy reacted to them. The Electricity and IT eras are similar, but also differ in several important ways. Electrification was more broadly...
Persistent link: https://www.econbiz.de/10013231588
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Organization and Inequality in a Knowledge Economy
Garicano, Luis; Rossi-Hansberg, Esteban - 2021
We present a theory of the organization of work in an economy where knowledge is an essential input in production: a … may produce on their own or in organizations. Our theory generates an assignment of workers to positions, a wage structure … referral markets. We use our theory to study the impact of information and communication technology, and contrast its …
Persistent link: https://www.econbiz.de/10013231868
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Why are Process Monitoring Technologies Valuable? The Use of On-Board Information Technology in the Trucking Industry
Hubbard, Thomas N. - 2021
theory and relates them to how supply chains are organized …
Persistent link: https://www.econbiz.de/10013239158
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Monetary Policy in the Information Economy
Woodford, Michael - 2021
This paper considers two challenges that improvements in private-sector information-processing capabilities may pose for the effectiveness of monetary policy. It first considers the consequences of improved information about central-bank actions, and argues that the management of expectations...
Persistent link: https://www.econbiz.de/10013240308
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Information Technology, Workplace Organization and the Demand for Skilled Labor : Firm-Level Evidence
Bresnahan, Timothy; Brynjolfsson, Erik; Hitt, Lorin M. - 2022
Recently, the relative demand for skilled labor has increased dramatically. We investigate one of the causes, skill-biased technical change. Advances in information technology (IT) are among the most powerful forces bearing on the economy. Employers who use IT often make complementary...
Persistent link: https://www.econbiz.de/10013293126