Showing 1 - 10 of 5,002
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social plannerś benchmark, which suggests a role for patent policy. We focus on a "non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of … recent decades. We show four main results. First, immigration has a positive impact on innovation, measured by the patenting … impact of immigration on innovation percolates over space, but spatial spillovers quickly die out with distance. Fourth, the …
Persistent link: https://www.econbiz.de/10012230294
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … lower than the social planner's benchmark, which suggests a role for patent policy. We focus on a “non-infringing inventive … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10013075135
Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
Persistent link: https://www.econbiz.de/10014189105
strategies and optimal coordination of innovative activities. It shows that growth and innovation strategies of operatively …
Persistent link: https://www.econbiz.de/10014062037
This paper deals with the essential features determining the role of innovation in developing economies by examining … the structure of innovation measures. The economic growth and competitiveness of developing economies are powerfully … connected to its innovation status. The purpose of this paper is to examine the significance of innovation in driving economic …
Persistent link: https://www.econbiz.de/10011877163
In this chapter we argue that the endogenous growth model with quality-improving innovations provides a framework for analyzing the determinants of long-run growth and convergence that is versatile, simple and empirically useful. Versatile, as the same framework can be used to analyze how growth...
Persistent link: https://www.econbiz.de/10014023785
function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
benefits to boost research, knowledge and technological innovation. This paper examines the relation between innovation, higher … evidence of a positive effect of innovation in tertiary education on economic growth. …
Persistent link: https://www.econbiz.de/10012158977
The European Union has implemented demand push and technology pull policies to foster innovation on the energy and … rarely treats product and process innovation separately and product quality is, in the best case, exogenous. We develop a … dynamic multi-sector CGE model that distinguishes between R&D-based process innovation for all firms, endogenous product …
Persistent link: https://www.econbiz.de/10011337045