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Industrialization Lessons from BRICS: A Comparative Analysis

Naudé, Wim; Szirmai, Adam; Lavopa, Alejandro - Institute for the Study of Labor (IZA) - 2013

To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...

Persistent link: https://www.econbiz.de/10010884080

The Radical Innovation Investment Decision Refined

Bilkic, Natasa; Gries, Thomas; Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …

Persistent link: https://www.econbiz.de/10010791525

Entrepreneurship, stages of development, and industrialization

Ács, Zoltan J.; Naudé, Wim - United Nations University-Maastricht Economic Research … - 2012

Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be...

Persistent link: https://www.econbiz.de/10010856410

Buy, Keep or Sell: Economic Growth and the Market for Ideas

Akcigit, Ufuk; Celik, Murat Alp; Greenwood, Jeremy - Economie d'Avant Garde - 2013

An endogenous growth model is developed where each period firms invest in researching and developing new ideas. An idea increases a firm's productivity. By how much depends on how central the idea is to a firm's activity. Ideas can be bought and sold on a market for patents. A firm can sell an...

Persistent link: https://www.econbiz.de/10010862243

Entrepreneurship and Economic Development: Theory, Evidence and Policy

Naudé, Wim - Institute for the Study of Labor (IZA) - 2013

This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and...

Persistent link: https://www.econbiz.de/10010884187

Skill Variety, Innovation and New Business Formation

Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Institute for the Study of Labor (IZA) - 2014

that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …

Persistent link: https://www.econbiz.de/10010884235

Job Creation Effects of R&D Expenditures: Are High-tech Sectors the Key?

Bogliacino, Francesco; Piva, Mariacristina; Vivarelli, Marco - Institute for Prospective Technological Studies (IPTS), … - 2011

In this paper we assess the job creation effect of R&D expenditures, using a unique longitudinal database of 677 European companies over the period 1990-2008. We estimate a dynamic labour demand specification using a Least Squares Dummy Variable Corrected (LSDVC) technique. The labour-friendly...

Persistent link: https://www.econbiz.de/10010886125

Back to Basics: Basic Research Spillovers, Innovation Policy and Growth

Hanley, Douglas; Akcigit, Ufuk; Serrano-Velarde, Nicolas - Department of Economics, University of Pittsburgh - 2014

This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...

Persistent link: https://www.econbiz.de/10010929532

Transition to Clean Technology

Hanley, Douglas; Acemoglu, Daron; Akcigit, Ufuk; Kerr, … - Department of Economics, University of Pittsburgh - 2014

innovation-in the sense that research can be directed to either clean or dirty technologies. If dirty technologies are more … advanced to start with, the potential transition to clean technology can be difficult both because clean research must climb … several steps to catch up with dirty technology and because this gap discourages research effort directed towards clean …

Persistent link: https://www.econbiz.de/10010929533

Skill Variety, Innovation and New Business Formation

Hessels, Jolanda; Brixy, Udo; Naudé, Wim; Gries, Thomas - Tinbergen Instituut - 2014

being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …

Persistent link: https://www.econbiz.de/10011272604