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In this paper we apply agent-based methodology on an issue that is fundamental for economic prosperity and growth: the diffusion of innovations. The diffusion of innovations is one of the topics where agent-based simulation is an extremely fruitful method allowing not only the observation of...
Persistent link: https://www.econbiz.de/10010322200
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
How can economic theory explain the reasons why consumers adopt innovations? Using the example of innovations in washing machines two approaches are compared. The first focuses in the manner of household production theory on changes in constraints without specifying preferences, leading to the...
Persistent link: https://www.econbiz.de/10010286759
In Germany, solar thermal systems (STS) have only diffused to a minor extent yet. This paper analyzes, which demand side factors are decisive for the further proliferation of this environmentally benign technology. Making use of a consumer survey in North-West Germany in 2007, we examine the...
Persistent link: https://www.econbiz.de/10010286768
We examine whether discretionary government grants influence the location of new plants, and how effective these incentives are in the presence of agglomeration and urbanisation externalities. We find evidence that regional industrial structure affects the location of new entrants. Firms in more...
Persistent link: https://www.econbiz.de/10010293053
Cluster policy has become a method of choice for policymakers in many countries. Promoting strong localized industries is an appealing perspective for practitioners, as it can be seen as a way to anchor economic activity in regions in an era of globalization. If cluster policy is successful, it...
Persistent link: https://www.econbiz.de/10010294480
One of the most prominent instruments of regional policy is to foster education and human capital formation in economically lagging regions. However, regional policy of this type can actually hurt instead of help the poor areas. The reason is that individual geographical mobility increases with...
Persistent link: https://www.econbiz.de/10010295551
So far the contribution of New Economic Geography (NEG) has been mainly positive. Normative analysis and policy implications have lagged behind. The reason is the fear of the consequences of taking too literally the neat structure of the models. Under this respect the somewhat incautious aim of...
Persistent link: https://www.econbiz.de/10010295553
In order to evaluate the allocational effectiveness of regional policy when harmonizing regional economic conditions firms? preferences play a pivot role. If harmonization hinders risk diversification of the firm, then instead of regional diversification of capital agglomeration of capital...
Persistent link: https://www.econbiz.de/10010296826
dem von Hans-Jürgen Ewers und Ko-autoren entworfenen Konzept der innovationsorientierten Regionalpolitik angestoßen wurde …. Zwar haben sich viele der dem Konzept der innovationsorientierten Regionalpolitik zugrunde liegenden Vorstellungen … innovationsorientierten Regionalpolitik vorgeschlagene Strategie der Stimulierung endogener Potentiale. …
Persistent link: https://www.econbiz.de/10010305688