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Financing the capital development of the economy: A Keynes-Schumpeter-Minsky synthesis
Mazzucato, Mariana; Wray, Larry Randall - 2015
greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky's ideas on the …
Persistent link: https://www.econbiz.de/10011545297
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Effects of policy reforms on firm innovation
Şeker, Murat; Ulu, Mehmet Fatih - 2022
the impact of a particular regulation - license requirements for certain firm activities - on the innovation performance … led to an eight percentage points higher innovation rate within two years following the reform. We measure innovation as …
Persistent link: https://www.econbiz.de/10013373854
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Innovation via global route: Proposing a reference model for chances and challenges of global innovation processes
Tiwari, Rajnish; Buse, Stephan; Herstatt, Cornelius - 2007
specific needs of targeted markets. All these developments are leading to the globalization of innovation. Based on recent … reference model for chances and challenges of global innovation activities. …
Persistent link: https://www.econbiz.de/10010308112
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Educational inequality
Azuma, Yoshiaki; Grossman, Herschel I. - 2001
This paper develops a theoretical model of the inequality in wages and salaries associated with differences in years of schooling (educational inequality, for short). Our model assumes that in the long run individual decisions to become more educated equalize the lifetime earnings of more...
Persistent link: https://www.econbiz.de/10010318984
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Designing dynamic research contests
Benkert, Jean-Michel; Letina, Igor - 2016
combine the best aspects of innovation races and research tournaments. …
Persistent link: https://www.econbiz.de/10011663194
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Mind the knowledge gap!: The origins of declining business dynamism in a macro agent-based model
Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014550280
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Technology's edge: The educational benefits of computer-aided instruction
Barrow, Lisa; Markham, Lisa; Rouse, Cecilia Elena - 2007
Because a significant portion of U.S. students lacks critical mathematic skills, schools across the country are investing heavily in computerized curriculums as a way to enhance education output, even though there is surprisingly little evidence that they actually improve student achievement. In...
Persistent link: https://www.econbiz.de/10010292103
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Discovery and diffusion of knowledge in an endogenous social network
Chang, Myong-hun; Harrington, Joseph E. - 2003
monotonically increasing in either the reliability of the communication network or the productivity of innovation. …
Persistent link: https://www.econbiz.de/10010293468
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Organization of innovation in a multi-unit firm: Coordinating adaptive search on multiple rugged landscapes
Chang, Myong-hun; Harrington, Joseph E. - 2000
In Chang and Harrington (2000a) a computational model of a multi-unit firm is developed in which unit managers continually search for better practices Search takes place over a rugged landscape defined over the space of unit practices There it is shown that a more centralized organization is...
Persistent link: https://www.econbiz.de/10010293485
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Innovators, imitators, and the evolving architecture of social networks
Chang, Myong-Hun; Harrington, Joseph E. - 2005
Scientific progress is driven by innovation ?which serves to produce a diversity of ideas ?and imitation through a …
Persistent link: https://www.econbiz.de/10010293512