technological diversification. Production makes use of different input varieties, which are subject to imperfectly correlated shocks …. As in endogenous growth models, technological progress increases the number of varieties, raising average productivity …. In our model, the expansion in the number of varieties provides diversification benefits against variety-specific shocks …

The benefits from the New Economy should accrue as improvements in productivity and economic growth. But while the use … apparent ‘productivity paradox’. The most obvious one is the fact that not many countries, other than the US, have yet invested …

This paper empirically investigates the determinants of R&D diversification strategies in the drug industry. It … enriches the existing literature by proposing to look at diversification factors, which reflect market and technological …&D diversification is governed by the economies of scope as well as the escape competition motive. Moreover, it is found that competition …

implications for place-based innovation policies, reveal that technological relatedness has short-term effects on employment growth …We study the effects of different types of technological diversification on the performance of regional economies. We … focus on the relatedness and unconventionality of technological capabilities as drivers of GDP and employment growth. Using …

systems. One important mechanism behind regional entry is the diversification of upstream laser source producers into the …

We study how financial market efficiency affects a measure of diversification of output across industrial sectors … and for various levels of disaggregation, we construct a benchmark measure of diversification as the set of allocations of … patterns disappear when we employ "naive" measures of diversification based on the equal spreading of output across sectors. …

This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper …

, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …