Showing 1 - 10 of 51
We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012466280
Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …
Persistent link: https://www.econbiz.de/10014322874
, on an employment-weighted basis, is U-shaped in firm age. Common uses of AI include marketing automation, virtual agents … reductions in employment due to AI use. Many firms undergo organizational changes to accommodate AI, particularly by training … higher incidence of employment expansion compared to other businesses. The most common reason for non-adoption is the …
Persistent link: https://www.econbiz.de/10014528359
We construct a dynamic general equilibrium model of foreign direct investment (FDI) and foreign technology adoption, incorporating adoption barriers, international technology spillover, and relative price advantages. A higher FDI conversion efficacy, a lower adoption barrier, or a stronger...
Persistent link: https://www.econbiz.de/10014250176
This paper examines the evidence on technology diffusion through trade in differentiated intermediate goods. Because intermediates are invented through costly research and development (R&D) investments, employing imported intermediates implies an implicit sharing of the technology that was...
Persistent link: https://www.econbiz.de/10012471810
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012479706
Most firms achieve perfective progress, incrementally improving commodities or productivity. But technological progress is concentrated in a few firms achieving metamorphic progress: forming or transforming industries with technological breakthroughs (e.g., biotechnology, lasers, semiconductors,...
Persistent link: https://www.econbiz.de/10012469767
I discuss the concept and empirical importance of international technology diffusion from the point of view of recent work on endogenous technological change. In this literature, technology is viewed as technological knowledge. I first review the major concepts, and how international technology...
Persistent link: https://www.econbiz.de/10012470145
. Followers converge toward the leaders because copying is cheaper than innovation over some range. A tendency for copying costs …
Persistent link: https://www.econbiz.de/10012473731
The pace of industrial innovation and growth is shaped by many forces that interact in complicated ways. Profit …
Persistent link: https://www.econbiz.de/10012474586