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The transformation of economy and society requires far-reaching technological and social innovations. To utilise the economic opportunities of transformation and to mitigate the negative effects of structural change, a determined transformation-oriented R&I policy is needed. Using the example of...
Persistent link: https://www.econbiz.de/10014526209
Innovation is crucial to economic development. Innovation expenditures in Germany's business sector as well as public … explained by certain barriers to innovation. Increasingly important hampering factors are the lack of qualified employees and … the burden of regulation and bureaucracy. Policy measures to support Germany's innovation capacity should tackle the …
Persistent link: https://www.econbiz.de/10014526211
It is often argued that robots will lead to the reshoring of activity from low wage countries to rich countries - the revival of manufacturing in rich countries. But smart robots are a capital biased technology which could potentially replace smart people. As a result the skill premium - the...
Persistent link: https://www.econbiz.de/10011871670