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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
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
and drivers of innovation, technology and knowledge. The role of absorptive capacity and knowledge flows between economic … multinationals contribute to innovation, technology and knowledge dispersion. The distribution of knowledge investments is uneven …This paper outlines a set of fundamental changes in the global economy that have altered the nature of the innovation …
Persistent link: https://www.econbiz.de/10008919574
Persistent link: https://www.econbiz.de/10010988954
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
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
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
. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …
Persistent link: https://www.econbiz.de/10010885284
In this paper we analyze how firms’ knowledge absorption capacity – given the knowledge environment – affects the development, adoption and introduction of new export products among Swedish manufacturing firms. Our model formulation builds on theoretical arguments which imply that firms...
Persistent link: https://www.econbiz.de/10010885285
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