Showing 1 - 10 of 1,579
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
Both academics and practitioners emphasize the importance for product firms of implementing service-led growth strategies. The service transition concept is well established, namely a unidirectional repositioning along a product-service continuum — from basic, product-oriented services towards...
Persistent link: https://www.econbiz.de/10013005113
creative destruction in which new vintages of technology-augmented matter displace obsolete vintages, both physical and human …
Persistent link: https://www.econbiz.de/10012914009
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
Key indicators show Germany belonging to the countries in the OECD with strong innovation activity even though some weakening in Germany’s position relative to other OECD countries has occurred recently. While the redirection of resources towards unification-related spending as well as low...
Persistent link: https://www.econbiz.de/10012444337
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
The smart growth strategy has gained considerable attention recently. Governments all over the world are trying to reform their countries to increase the level of innovation and spur growth following this strategy. Despite the recent popularity of this theory, it is less clear whether the...
Persistent link: https://www.econbiz.de/10013079011
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10013035706
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
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10013062735