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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 … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …
Persistent link: https://www.econbiz.de/10012911090
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Digital Innovation and the Distribution of Income
Guellec, Dominique - 2017
top 1%. In this paper we argue that the growing importance of digital innovation – new products and processes based on … Schumpeter's vision, digital innovation gives rise to ”winner-take-all” market structures, characterized by higher market power … digital non-rivalry, which allows for massive economies of scale and reduces costs of innovation. The latter stimulates higher …
Persistent link: https://www.econbiz.de/10012944156
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Kill Zone
Kamepalli, Sai Krishna; Rajan, Raghuram G.; Zingales, Luigi - 2022
We study why acquisitions of entrant firms by an incumbent can deter innovation and entry in the digital platform …
Persistent link: https://www.econbiz.de/10013298326
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Management as a Technology?
Bloom, Nicholas - 2016
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the adoption...
Persistent link: https://www.econbiz.de/10012989131
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Digital Rights Management and the Pricing of Digital Products
Park, Yooki; Scotchmer, Suzanne - 2021
As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...
Persistent link: https://www.econbiz.de/10013252333
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Demography, Unemployment, Automation, and Digitalization : Implications for the Creation of (Decent) Jobs, 2010–2030
Bloom, David E. - 2018
Globally, an estimated 734 million jobs will be required between 2010 and 2030 to accommodate recent and ongoing demographic shifts, account for plausible changes in labour force participation rates, and achieve target unemployment rates of at or below 4 percent for adults and at or below 8...
Persistent link: https://www.econbiz.de/10012914276
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The Impact of Big Data on Firm Performance : An Empirical Investigation
Bajari, Patrick - 2018
In academic and policy circles, there has been considerable interest in the impact of “big data” on firm performance. We examine the question of how the amount of data impacts the accuracy of Machine Learned models of weekly retail product forecasts using a proprietary data set obtained from...
Persistent link: https://www.econbiz.de/10012927020
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Big Data and Firm Dynamics
Farboodi, Maryam - 2019
We study a model where firms accumulate data as a valuable intangible asset. Data accumulation affects firms' dynamics. It increases the skewness of the firm size distribution as large firms generate more data and invest more in active experimentation. On the other hand, small data- savvy firms...
Persistent link: https://www.econbiz.de/10012893591
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The Promise and Pitfalls of Conflict Prediction : Evidence from Colombia and Indonesia
Bazzi, Samuel - 2019
Policymakers can take actions to prevent local conflict before it begins, if such violence can be accurately predicted. We examine the two countries with the richest available sub-national data: Colombia and Indonesia. We assemble two decades of fine-grained violence data by type, alongside...
Persistent link: https://www.econbiz.de/10012867902
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Market Efficiency in the Age of Big Data
Martin, Ian - 2019
Modern investors face a high-dimensional prediction problem: thousands of observable variables are potentially relevant for forecasting. We reassess the conventional wisdom on market efficiency in light of this fact. In our model economy, which resembles a typical machine learning setting, N...
Persistent link: https://www.econbiz.de/10012857678