innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skillintensive …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … of information and communication technology seems to have had a substantial impact on the performance of the United … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R …&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper … the development of a more general theory of the determinants and the effects of TC. In turn, such theory has to deal …

. Our findings suggest that the productivity gains from investments in the three innovative activities are related to firm …

MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …, of the level of human capital on the level of income but no effect on underlying productivity growth. Our preferred …

values of the standard Solow productivity residual. The equivalence holds if the representative household maximizes utility … where it does not properly measure technology) and makes it possible to calculate the contributions of disaggregated units …-level (EU-KLEMS) and firm-level (Amadeus) data. After adding further assumptions about technology and market structure (firms …