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financing affects firm innovation and growth. The results highlight the essential role of VC financing for U.S. innovation and … growth and suggest that VC development in other countries could promote their economic growth …
Persistent link: https://www.econbiz.de/10013293235
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …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 …
Persistent link: https://www.econbiz.de/10010510592
productive and active VC industry boosts innovation driven growth. …The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists …
Persistent link: https://www.econbiz.de/10011409024
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … 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 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
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 interacts with development and cross-country convergence and …
Persistent link: https://www.econbiz.de/10014023785
Economic growth depends not only on how people make decisions but also upon how their decisions are coordinated … literature on economic growth, and also with reference to an older literature on the stability of full-employment equilibrium …. Agent-based computational methods are ideally suited for studying the aspects of growth most affected by coordination issues. …
Persistent link: https://www.econbiz.de/10014024370
discussions of long term economic growth". …
Persistent link: https://www.econbiz.de/10005650230
use of smart devices and intelligent sensors are positively correlated to eco-innovation and other sustainability …The paper analyses the relationship between digitalisation and sustainability strategies at the firm level. In a first … step, operational definitions of digitalisation and sustainability allowing the development of fitting empirical indicators …
Persistent link: https://www.econbiz.de/10014228436
In this paper, we develop a North-South endogenous growth model to examine three phases of development in the South …: imitation of Northern products; imitation and innovation; and finally, innovation only. In particular, the model has the …. First, because subsidies to Southern innovation benefit the North as well, it is beneficial to the North to pay for some of …
Persistent link: https://www.econbiz.de/10005124314