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China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
Commentators have long recognized that much of the work of commercializing an invention occurs after a patent issues … remaining patent term might be sufficiently short such that a patentee will not develop an invention to the extent that the … patentee would if more patent term remained. This concern about patent underdevelopment provides a counterweight to patent …
Persistent link: https://www.econbiz.de/10013035465
As history, institutions, social and political forces specific to any economy have a profound effect on that economy's dynamics, it is important to understand how these have evolved with the development of capitalism. The classical economists analysed economies with labour surpluses, which kept...
Persistent link: https://www.econbiz.de/10013112477
, beginning with a brief history of international patent systems and facts about the current use of patents around the world. I … followed by a review of recent work by myself and co‐authors on regional patent systems, the impact of patents on firm …
Persistent link: https://www.econbiz.de/10014097795
This study explores the industrial dimensions of the New Economy. It examines the growth and development of industries that provide the technological and scientific foundations for the New Economy — a collection of information and communications technology (ICT) industries, both in services...
Persistent link: https://www.econbiz.de/10013071177
By merging individual data on valuable patents granted in Prussia in the late nineteenth century with county level information on literacy and income tax revenues we show that increases in the stock of human capital not only improved workers ́productivity but also accelerated innovative...
Persistent link: https://www.econbiz.de/10009792180
Understanding the primary causes of human prosperity is one of the most important endeavors of social scientists. Much research in the 20th century followed a neo-classical approach which emphasized important factors such as physical capital, human capital, and technological change, but was...
Persistent link: https://www.econbiz.de/10014243751
innovation. In primis, the paper shows, through economic history, that democratization is an antecedent process (cause) to technological and economic change (effect). In particular, the primary finding is that democratization is a driving force for technological change: most free...
Persistent link: https://www.econbiz.de/10014137171
This paper reviews differences between countries in innovation, entrepreneurship, economic development and competitiveness levels. For this examples of the Baltic Sea region countries and China are used. With the introduction of Lisbon agenda and also long before that the European Union has...
Persistent link: https://www.econbiz.de/10014159784
This research explores the effects of distance to the pre-industrial technological frontiers on comparative economic development in the course of human history. It establishes theoretically and empirically that distance to the frontier had a persistent non-monotonic effect on a country's...
Persistent link: https://www.econbiz.de/10012940315