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Analysis, interpretation, and the local dimension of economic transformation: What went wrong and why?

Dallago, Bruno - Dipartimento di Economia e Management, Università … - 2009

Transformation has been put in motion by a variety of both endogenous and exogenous forces. Although not any process was under the control of those countries, their choice of goals and instruments was anyway particularly great, at least theoretically. However, transformation was implemented as a...

Persistent link: https://www.econbiz.de/10009643404

Aggregate consequences of limited contract enforceability

Cooley, Thomas; Marimon, Ramon; Quadrini, Vicenzo - Department of Economics and Business, Universitat … - 1999

We study a general equilibrium model in which entrepreneurs finance investment with optimal financial contracts. Because of enforceability problems, contracts are constrained efficient. We show that limited enforceability amplifies the impact of technological innovations on aggregate output....

Persistent link: https://www.econbiz.de/10005772132

Growth and Development: A Schumpeterian Approach

Aghion, Philippe - In: Annals of Economics and Finance 5 (2004) 1, pp. 1-25

In this paper we present the so-called Schumpeterian approach to economic growth, in which growth is primarily driven by entrepreneurial innovations that are themselves influenced by the institutional environment. We argue that this more micro-founded approach both, questions the old divisions...

Persistent link: https://www.econbiz.de/10009150919

A Model of Total Factor Productivity Built on Hayek’s View of Knowledge: What Really Went Wrong with Socialist Planned Economies?

Harashima, Taiji - Volkswirtschaftliche Fakultät, … - 2011

Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...

Persistent link: https://www.econbiz.de/10008855541

How do Chinese industries benefit from FDI spillovers?

Ito, Banri; Yashiro, Naomitsu; Xu, Zhaoyuan; Chen, XiaoHong - In: China Economic Review 23 (2012) 2, pp. 342-356

Recently, Foreign Invested Enterprises (FIEs) in China have increased their investment in not only production activity …

Persistent link: https://www.econbiz.de/10010875322

Does innovation matter for Chinese hightech exports? a firm-level analysis

Fu, Dahai; Wu, Yanrui; Tang, Yihong - Volkswirtschaftliche Fakultät, … - 2010

This paper analyzes the role of innovation activities in the export participation of Chinese high-tech firms during the period of 2005-2007. Using a parametric, instrumental variable approach and a non-parametric matching method, we find that firm-level innovation efforts, measured by R&D and...

Persistent link: https://www.econbiz.de/10009203610

Patent Laws and Innovation in China

Yueh, Linda - Department of Economics, Oxford University - 2006

China during the reform period. It appears that the patent laws have produced a stock of patents, where the success rates of … which factors would explain innovation in China. We find the main determinants of patents to be R&D expenditure and foreign … laws in China have been associated with innovation that has accompanied economic growth despite imperfections in the legal …

Persistent link: https://www.econbiz.de/10004977872

The role of regional knowledge spillovers on China's innovation

Shang, Qingyan; Poon, Jessie P.H.; Yue, Qingtang - In: China Economic Review 23 (2012) 4, pp. 1164-1175

this paper, we test the hypothesis that regional knowledge spillovers positively influence China's innovation growth from … regions encourages the formation of regional knowledge and information flows. Applying a spatial autoregressive model to China …

Persistent link: https://www.econbiz.de/10010591944

Empirical Evidence on Relationships between Ex Ante Innovation Pursuit and Post-M&A Performance in the Vietnamese M&A Industry, 2005-2012

Vuong, Quan Hoang; Napier, Nancy K.; Samson, Donaldine E.; … - Centre Emile Bernheim, Solvay Brussels School of … - 2013

This research aims to communicate new results of empirical investigations to learn about the relationship between determination of controlling an acquired firm’s capital, assets and brand versus its capability of innovation and ex post performance of the rising Vietnamese M&A industry in the...

Persistent link: https://www.econbiz.de/10010604544

Innovation, accmulation et valeur (innovation, accumulation, and value)

Boutillier, Sophie; Coppin, Olivier; Laperche, Blandine; … - Laboratoire de Recherche sur l'Industrie et … - 1999

L'économie évolue, selon certains économistes et historiens, en suivant des périodes de prospérité, de déclin, de reprise et de croissance. Il est alors important de comprendre cette logique et de l'appliquer à la période actuelle de profondes mutations des activités économiques et...

Persistent link: https://www.econbiz.de/10005585725

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