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of technological competitiveness (based on innovation in products and markets) or cost competitiveness (relying on … innovation in processes and machinery) and their impact on economic performances. We propose models for the determinants of … classes that group manufacturing and services industries with distinct patterns of innovation. Tests are carried out by …
Persistent link: https://www.econbiz.de/10012056173
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10010252161
innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …
Persistent link: https://www.econbiz.de/10010490615
innovation investments that increase the productivity of capital and labor in the performance of their respective tasks. These …
Persistent link: https://www.econbiz.de/10011404419
of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …
Persistent link: https://www.econbiz.de/10013104873
The present paper takes a geometric approach to characterize the competitive forces behind innovation and dynamic …
Persistent link: https://www.econbiz.de/10013038281
This paper analyzes the implications of advertising for firm dynamics and economic growth through its interaction with R&D investment at the firm level. We develop a model of endogenous growth with firm heterogeneity that incorporates advertising decisions. We calibrate the model to match...
Persistent link: https://www.econbiz.de/10012893363