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There is good reason to believe that R&D influences on TFP growth in other sectors are indirect. For R&D to spill over, it must first be successful in the home sector. Indeed, observed spillovers conform better to TFP growth than to R&D in the upstream sectors. Sectoral TFP growth rates are thus...
Persistent link: https://www.econbiz.de/10014145003
By what process does technical change in information technology (IT) increase economic welfare? How does this process result in increases in welfare at different rates in different countries and regions? This paper considers existing literature on measuring the economic benefits from information...
Persistent link: https://www.econbiz.de/10014036287
Purpose Currently, China's economy is in the critical phase of transforming economic development patterns and replacing old growth drivers with new ones. Whether it can successfully overcome the "middle-income trap" has become a significant issue attracting wide attention....
Persistent link: https://www.econbiz.de/10013541829
In dem Beitrag wird untersucht, wie unterschiedliche Ausprägungen regionaler Konzentration und Spezialisierung das langfristige Wachstum neugegründeter Unternehmen beeinflussen. Die Stichprobe umfasst wissensintensive und nicht-wissensintensive westdeutsche Unternehmen des verarbeitenden...
Persistent link: https://www.econbiz.de/10003873951
In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We rather propose that these linkages are strongly...
Persistent link: https://www.econbiz.de/10011521603
This paper carries out an explanatory investigation into the relationship between social and institutional contextual factors and economic growth in the Italian regions. We construct a three-sector semi-endogenous growth model with negative externalities depending on social and institutional...
Persistent link: https://www.econbiz.de/10013089152
We examine how financial market development affects technological innovation. Using a large data set that includes 32 developed and emerging countries and a fixed effects identification strategy, we identify economic mechanisms through which the development of equity markets and credit markets...
Persistent link: https://www.econbiz.de/10013068738
Technological change is a vital human activity that interacts with geographic factors and environment. The purpose of the study here is to analyse the relationship between geo-climate zones of the globe and technological outputs in order to detect favourable areas that spur higher technological...
Persistent link: https://www.econbiz.de/10014137156
Cities have a pivotal role to play in achieving net-zero emissions by 2050. Smart city solutions can help enable and accelerate the net-zero transition by, among many others, curtailing energy use, accelerating the shift from fossil fuels to renewable energy, improving resource efficiency,...
Persistent link: https://www.econbiz.de/10014491370
The present study aims to evaluate the impact of information and communication technology (ICT) on the economic growth … MENA and SSA countries should increase investments in ICT infrastructure. To benefit from the ICT drivers of economic … development of ICT infrastructure, and contain the negative effects of inflation and government consumption. …
Persistent link: https://www.econbiz.de/10012020508