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Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth …. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process …. Stable and sustained long-term growth in output requires the continuous creation of new technological and commercial …
Persistent link: https://www.econbiz.de/10010335051
growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …
Persistent link: https://www.econbiz.de/10010320301
growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We … tolerance toward homosexuals is negatively related to growth. For tolerance toward people of a different race, we do not find …
Persistent link: https://www.econbiz.de/10010321391
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly …
Persistent link: https://www.econbiz.de/10010189836
We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the … firms farther from the frontier try to imitate more productive technologies. The equilibrium choice leads to a balanced-growth …
Persistent link: https://www.econbiz.de/10011671850
context of a general equilibrium model of innovation-led growth. In the model, innovation comes from entrant firms creating …
Persistent link: https://www.econbiz.de/10012125472
at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth …] can play different roles to accelerate the rate of growth and change their relative position in the leadership rank (win …
Persistent link: https://www.econbiz.de/10012157100
introduced into the market, patents, GDP growth, and so on. Second, the time lag between innovative efforts and performance is … in fostering economic growth trough innovation need to consider the fundamental role played by competition among … heterogeneous organisations in igniting the growth process. In this respect, micro-and firm-level studies can provide useful …
Persistent link: https://www.econbiz.de/10005087137