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In the land of ‘Jugaad’, where everyone is able to find a frugal fix toany problem, innovation is still dismal. Innovation in India is dismal not because of the lack of grey matter, but because India is systemically failing its inventors – firstly, through an education system that focuses...
Persistent link: https://www.econbiz.de/10013219626
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the "middle … income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …
Persistent link: https://www.econbiz.de/10010224593
Digitalisation can be described as a sequence of technology and supply shocks which affect the economy through …
Persistent link: https://www.econbiz.de/10013271092
This work looks at emerging growth companies through the perspective of the dynamics leading up to an inflection point, with emphasis on negative results. Milestones in a company's growth, like a prototype product, the first sale of a product, financial sustainability, and capturing a targeted...
Persistent link: https://www.econbiz.de/10012936650
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;D. The analysis employs various panel data...
Persistent link: https://www.econbiz.de/10012783098
creative destruction in which new vintages of technology-augmented matter displace obsolete vintages, both physical and human …
Persistent link: https://www.econbiz.de/10012914009
in export of fossil fuels. R&D in fossil fuel extraction technology competes with R&D in clean energy technologies …. Moreover, technological progress is path dependent as current R&D within a technology type depends on past R&D within the same … energy technologies is essential for the outcomes: If the clean technology level is not too far beyond the fossil fuel …
Persistent link: https://www.econbiz.de/10013387387
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&D. The analysis employs various panel data techniques and...
Persistent link: https://www.econbiz.de/10014067262
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A new and central economic force is the selection between highand low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using...
Persistent link: https://www.econbiz.de/10012900520
This paper analyzes the implications of advertising for firm dynamics and economic growth through its interaction with R&D investment at the firm level. We develop a model of endogenous growth with firm heterogeneity that incorporates advertising decisions. We calibrate the model to match...
Persistent link: https://www.econbiz.de/10012893363