Showing 1 - 10 of 513
This paper explores various strategic options available to Japanese firms faced with the increasing market pressures in the global economy. Whether Japanese firms are able to retain the competitive edge will depend on the continuing gains in their manufacturing capability, their capacity to...
Persistent link: https://www.econbiz.de/10012708070
Governments play a very important role in supporting innovation, managing the disruptive effects of innovation, and ensuring that the benefits of innovation are broadly shared in the long run. This paper reviews the literature on market mechanisms that translate innovation into jobs and policies...
Persistent link: https://www.econbiz.de/10012921429
This paper develops a multi-sector, small open economy Dynamic Stochastic General Equilibrium model, which includes the accumulation of human capital, built via public expenditures in education and health. Four possible fiscal rules are examined for total public investment in infrastructure,...
Persistent link: https://www.econbiz.de/10012903112
A number of developing countries are currently promoting vocational education and training (VET) as a way to build human capital and strengthen economic growth. The primary aim of this study is to understand whether VET at the high school level contributes to human capital development in one of...
Persistent link: https://www.econbiz.de/10012971182
Migration is an important yet neglected determinant of institutions. This paper documents the channels through which emigration affects home country institutions and considers dynamic-panel regressions for a large sample of developing countries. The authors find that emigration and human capital...
Persistent link: https://www.econbiz.de/10012976175
According to T.W. Schultz, the returns to human capital are highest in economic environments experiencing unexpected price, productivity, and technology shocks that create "disequilibria." In such environments, the ability of firms and individuals to adapt their resource allocations to shocks...
Persistent link: https://www.econbiz.de/10012976391
This paper presents the details of three scenarios -- leapfrog, lock-in, and lopsided -- that describe an illustrative set of technological states. Based largely on expert interviews, the paper argues that the technology outcomes are heavily attributable to the actions (or in some cases,...
Persistent link: https://www.econbiz.de/10012892369
This paper documents the influence of diaspora networks of highly-skilled individuals -- that is, inventors -- on international technological collaborations. Using gravity models, it studies the determinants of the internationalization of inventive activity between a group of industrialized...
Persistent link: https://www.econbiz.de/10012969606
populations across countries. It presents simple statistical tests of leapfrogging, the phenomenon by which poor countries surpass … there is evidence of "absolute" and "relative" leapfrogging, with both terms defined in the paper. In addition, the Middle …
Persistent link: https://www.econbiz.de/10012844587
Using novel data on patents, trade of equipment goods, and foreign direct investments and insights from the economic literature, the paper seeks to lay out the state of knowledge on the role of innovation and the diffusion of technologies in the greening of global value chains as well as some of...
Persistent link: https://www.econbiz.de/10012974291