Showing 1 - 10 of 32
Some countries’ financial systems have undergone significant changes in response to the global financial crisis. While Australia’s financial system also experienced a variety of pressures and changes as a result of the crisis, the overall effect was much less severe than in some...
Persistent link: https://www.econbiz.de/10009146676
The current economic crisis has taught another generation of Australians that their economy remains vulnerable to negative external shocks, as it has been since the depression of the early 1840s. So it is unsurprising that shocks and crises figure prominently in the economic history literature,...
Persistent link: https://www.econbiz.de/10008764780
This paper reviews the innovative capabilities and absorptive capacities of African countries, and investigates whether they have played significant roles in the region’s slow and episodic economic growth. Results from cross-country regressions covering 31 Sub-Saharan African countries suggest...
Persistent link: https://www.econbiz.de/10009002152
economic growth in the region were not appropriate for a long run growth. Innovation is a key source of competitiveness and a … convergence in terms of GDP and the convergence in terms of innovation for the CEEC. Based on yearly Eurostat data for the period … 1998-2008, we quantify the progress of each of the 10 CEEC both in closing the income gap and the innovation gap. We then …
Persistent link: https://www.econbiz.de/10009366175
With a vast and diverse SME sector India’s industrialization owes much to the technological dynamism of enterprises. Various institutional interventions have been made to promote innovativeness in the sector, albeit, following economic reforms, it appears that the SME sector has not been...
Persistent link: https://www.econbiz.de/10009386042
The main goal of this paper is to assess the impact of product innovation on the economic performance of firms … dataset on Italian firms we estimate, by means of propensity scores matching methods, a positive and significant “innovation …. We also find that this innovation premium is particularly large for small firms and even more so when considering new …
Persistent link: https://www.econbiz.de/10008683419
When targeting frontier technologies, less developed economies usually face obstacles to achieve high growth in the long run, because of their low level of knowledge relative to the adoption technology target. If the intensity in which the adoption activity uses knowledge is high, then the less...
Persistent link: https://www.econbiz.de/10008765195
This paper analyzes the effects of new business formation on industry growth. Dynamic panel techniques are used to test two hypotheses. First, does hit-andrun competition secure efficiency in an industry? Second, do innovative startups lead to amplified innovations by diminishing the knowledge...
Persistent link: https://www.econbiz.de/10009646648
of innovation and growth, the paper focuses on both supply (institutional and technological) and demand factors. It is … innovation and growth, this leaves room for exploration and implementation of policies that might reconcile innovation and growth …
Persistent link: https://www.econbiz.de/10009649982
In this paper I consider the 1991 Grossman-Helpman model which analyses the role of innovation on growth. The model …-Helpman model unchanged, I analyse the influence of the rate of innovation on three variables: the rate of growth of final output …
Persistent link: https://www.econbiz.de/10008784419