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We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
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
a new growth model centred around a shift towards more home-grown innovation, digitalisation, climate change mitigation …
Persistent link: https://www.econbiz.de/10012433894
We build a model of endogenous, innovation-driven growth in which innovative firms have costly access to outside …
Persistent link: https://www.econbiz.de/10011412323
by firms subsequently to production operations. We then use the model to investigate how distribution shapes innovation … implications for innovation. The per-unit cost implies that factory-specific productivity improvements cannot sustain steady …
Persistent link: https://www.econbiz.de/10012116793
What is the social value of innovations in Schumpeterian growth models? This issue is tackled by introducing the concept of Lindahl equilibrium in a standard endogenous growth model with vertical innovations which is extended by explicitly considering knowledge diffusion on a Salop (1979)...
Persistent link: https://www.econbiz.de/10010252161
This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata … demonstrate that employment growth is explained by product innovation. On the other hand, we find no evidence of a displacement … from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters …
Persistent link: https://www.econbiz.de/10012670262
We study innovation and the resulting Schumpeterian economic growth that this innovation gives rise to in a model with … balanced growth path (BGP) allocations and the equilibrium of interest. Second, we stipulate the form of the innovation … circumstances in which there is either too much or too little innovation in (i) the ith region, (ii) the aggregate economy of N>2 …
Persistent link: https://www.econbiz.de/10011491971
growth and convergence of an economy towards the world technology frontier. -- Growth ; skills ; innovation ; selection …
Persistent link: https://www.econbiz.de/10003782309
While an increasing number of conceptual studies postulate that vocational education and training (VET) activities have …' participation in initial VET on their innovation outcomes. The results based on linear probability models and instrumental variable … regressions with entropy balancing show that the impact of VET activity on innovation is more ambiguous than postulated. Overall …
Persistent link: https://www.econbiz.de/10012495922