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Innovation and employment : an introduction
Dosi, Giovanni; Mohnen, Pierre A. - In: Industrial and corporate change 28 (2019) 1, pp. 45-49
Persistent link: https://www.econbiz.de/10012035151
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Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth
Kuhn, Michael; Prettner, Klaus - 2020
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...
Persistent link: https://www.econbiz.de/10012195541
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Rising longevity, increasing the retirement age, and the consequences for knowledge-based long-run growth
Kuhn, Michael; Prettner, Klaus - 2020
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by purposeful research and development. In contrast to economies in which growth depends on learning-by-doing spillovers, raising the retirement age fosters economic growth. How...
Persistent link: https://www.econbiz.de/10012156427
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Longevity-induced vertical innovation and the tradeoff between life and growth
Baldanzi, Annarita; Prettner, Klaus; Tscheuschner, Paul - 2017
profits generated by a successful innovation are discounted by the endogenous market interest rate, this raises the net …
Persistent link: https://www.econbiz.de/10011761615
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Some thoughts on capital accumulation, innovation, and growth
Aghion, Philippe; Howitt, Peter - In: Annals of economics and statistics 125/126 (2017), pp. 57-78
Persistent link: https://www.econbiz.de/10011744357
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Financial development and innovation-led growth
Aghion, Philippe; Howitt, Peter; Levine, Ross - In: Handbook of finance and development, (pp. 3-30). 2018
Persistent link: https://www.econbiz.de/10011958374
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The Schumpeterian Growth Paradigm
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - 2015
In this review, we argue that the Schumpeterian growth paradigm, which models growth as resulting from innovations involving creative destruction, sheds light on several aspects of the growth process that cannot be properly addressed by alternative theories. We focus on three important aspects...
Persistent link: https://www.econbiz.de/10014133991
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Creative Destruction and US Economic Growth
Aghion, Philippe; Howitt, Peter - 2022
This paper argues that the growth of large, efficient but anticompetitive superstar firms is responsible for the recent slowdown in US economic growth. The argument is based on the growth theory that we have previously developed and tested, which is based on the concept of creative destruction
Persistent link: https://www.econbiz.de/10013405517
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Medical innovation, life expectancy, and economic growth
Kuhn, Michael; Minniti, Antonio; Prettner, Klaus; … - 2023
Persistent link: https://www.econbiz.de/10014321634
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Medical Innovation, Life Expectancy, and Economic Growth
Kuhn, Michael; Minniti, Antonio; Prettner, Klaus; … - 2023
understanding of the role of medical innovation in this process. Specifically, what are the causal effects of medical innovation on … medical innovation and test the model’s implications empirically. We show that a causal pathway from medical innovation to … following way: in early stages of development, medical innovation does not have a positive effect on economic growth, whereas in …
Persistent link: https://www.econbiz.de/10014346871