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This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper … growth, and the way in which economics literature has dealt with this issue over time. The structure of this survey … the development of a more general theory of the determinants and the effects of TC. In turn, such theory has to deal …
Persistent link: https://www.econbiz.de/10010263572
Based on patent data and industry specific energy prices for 18 OECD countries over 30 years we investigate on an … industry level the impact of energy prices on green innovation activities. Our econometric models show that energy prices and … green innovation activities are positively related and that energy prices have a significantly positive impact on the ratio …
Persistent link: https://www.econbiz.de/10011386846
impact of internal and external knowledge pools of both green and other than green technologies on green patent activities …. It turned out that the internal green knowledge stock is positively related to green patent activities with a … countries are also positively related with industries' green patent activities, although with a significantly lower marginal …
Persistent link: https://www.econbiz.de/10010319700
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new … dynamic general equilibrium model with endogenous economic growth and heterogeneous overlapping generations. We calibrate the … model for the US economy. First, we establish that the net effect of a decline in population growth on the growth rate of …
Persistent link: https://www.econbiz.de/10011422187
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
The paper attempts to interpret a few stylized facts of international economic growth by means of an open economy … evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of … technological change can give a better explanation of the differentials in the growth performance and development patterns of …
Persistent link: https://www.econbiz.de/10010328390
In dieser Arbeit wird ein Überblick über einige Kernaussagen der ''Neuen Wachstumstheorie'' über den Zusammenhang von Wissen und wirtschaftlicher Entwicklung gegeben. Ausgehend von der ''neoklassischen'' Wachstumstheorie wird die Bedeutung von Wissen in Prototypen endogenen Wachstums der...
Persistent link: https://www.econbiz.de/10010266882
patent and trademark office that minimizes the legal uncertainty surrounding patents as collateral and maximizes the growth …This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect … face random and lumpy investment opportunities in R&D. High growth rates of innovations, possibly higher than the real rate …
Persistent link: https://www.econbiz.de/10010311657
This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10010265992
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs' counterparts, i.e. the 'control … growth and produce and commercialize high quality innovations. They are more satisfied than employees. More importantly …
Persistent link: https://www.econbiz.de/10010276297