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, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and … role for innovation policies to raise private investment in KBC towards socially optimal levels. Indeed, R&D tax incentives …
Persistent link: https://www.econbiz.de/10009775561
This paper explores the growing importance of intangible assets as a potential source of innovation and productivity … gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …
Persistent link: https://www.econbiz.de/10009690906
This paper provides first empirical evidence of the joint effects that innovation strategies and human resource … management practices exert on firm growth. By exploiting unique information from a large sample of Italian manufacturing … both positively associated with a significant turnover, employment and labor productivity growth premium. However, their …
Persistent link: https://www.econbiz.de/10011995810
This paper provides first empirical evidence of the joint effects that innovation strategies and human resource … management practices exert on firm growth. By exploiting unique information from a large sample of Italian manufacturing firms in … positively associated with a significant turnover, employment and labor productivity growth premium. However, their joint …
Persistent link: https://www.econbiz.de/10012900153
innovation. Drawing on a Schumpeterian (R&D-based) growth model that incorporates both tangible and intangible capital and using …&D intensity and the fixed capital investment ratio, but negatively related to income growth. Accounting for the innovation …-induced counteracting growth-effect on the wealth-income ratio, we show that the net effect of R&D on wealth inequality is positive …
Persistent link: https://www.econbiz.de/10012913785
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …
Persistent link: https://www.econbiz.de/10011472013
This paper investigates how innovation potential of a country contributes to avoid or escape the middle income trap. We … measure innovation potentials of 77 countries from 1975 to 2010 from patent data. Then, we test whether indigenous innovative …
Persistent link: https://www.econbiz.de/10011213716
We provide robust and compelling evidence of the marked impact of tertiary education on the economic growth of less … developed countries and of its the relatively smaller impact on the growth of developed ones. Our results argue in favor of the …
Persistent link: https://www.econbiz.de/10009319367
In this paper, we analyze how skilled migration contributes to TFP growth in the sending countries when diaspora …, Aghion and Meghir (2006), who examine the contribution of human capital to economic growth theoretically and empirically. By … skilled human capital contributes to productivity growth the closer a state is to the technological frontier. In this …
Persistent link: https://www.econbiz.de/10004972581
growth, with a focus on an international comparison of intangible capital deepening among eleven advanced economies. By … find a relatively large impact on growth. Intangible capital explains about a quarter of labour-productivity in the US and …-factor productivity (MFP) growth rates related to the restructuring of those countries. …
Persistent link: https://www.econbiz.de/10008493110