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This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp … for the period 1981-97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and …
Persistent link: https://www.econbiz.de/10012783098
This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
Persistent link: https://www.econbiz.de/10014279279
This paper investigates the main postulations of the R&D based growth models that innovation is created in the R …&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R … the period 1981-97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and non …
Persistent link: https://www.econbiz.de/10014067262
Patent data provide a rich set of information which can be used for comparative studies and trend analysis. The paper presents a systematic overview of the most appropriate tools methodologies that are available for determining the technological specialization of countries. Such analysis...
Persistent link: https://www.econbiz.de/10013083545
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …
Persistent link: https://www.econbiz.de/10012002317
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …
Persistent link: https://www.econbiz.de/10010341625
‘narrow' and ‘broad' national systems of innovation (NSI). Based on panel econometrics, it examines the extent to which … than might be expected given their research and development (R&D), innovation and production capabilities. The …
Persistent link: https://www.econbiz.de/10013108493
effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …
Persistent link: https://www.econbiz.de/10012894900
In this paper we analyse the effects of technological innovation in the artificial intelligence (AI) domain on … of AI technologies remains a niche innovation phenomenon with a negligible role in the officially recorded productivity …
Persistent link: https://www.econbiz.de/10013175558