Showing 1 - 10 of 8,220
Theories of economic growth at the regional and national level, have expanded the traditional production function of the Solow model towards a wide function that collects conditioning factors of labour productivity, measured by R & D expenditure, the number of patents, the human capital, the...
Persistent link: https://www.econbiz.de/10008670573
The paper investigates the mechanics through which novel technological principles are developed and diffused throughout an economy consisting of a technologically heterogeneous ensemble of firms. In the model entrepreneurs invest in the discovery and in the diffusion of a technological principle...
Persistent link: https://www.econbiz.de/10011730583
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
We identify strong cross-border institutions as a driver for the globalization of in-novation. Using 67 million patents from over 100 patent offices, we introduce novel measures of innovation diffusion and collaboration. Exploiting staggered bilateral in-vestment treaties as shocks to...
Persistent link: https://www.econbiz.de/10012668766
drop in industrial output along with a reduction in FDI attraction. This paper assesses the efficacy of the Investment … between FDI inward flows and a set of innovation and absorptive capacity indicators. Results show that the gap between …
Persistent link: https://www.econbiz.de/10012061108
What are the sources of economic growth? This paper presents a multicountry growth model of innovation and the adoption of foreign technologies through trade. The costs of both domestic innovation and adopting foreign innovations are estimated using data on innovation, output and trade. A...
Persistent link: https://www.econbiz.de/10013016133
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain the evolution of industries and aggregate growth in closed and open economies. Firms employ educated workers in order to develop higher-quality products. The realization of...
Persistent link: https://www.econbiz.de/10011295685
We use a panel of historical patent data covering a large range of countries over the past century to study the evolution of innovation across time and space and its effect on productivity. We document a substantial rise of international knowledge spillovers as measured by patent citations since...
Persistent link: https://www.econbiz.de/10013193741
trade induced real income gains while the Foreign Direct Investment (FDI)-related and innovation induced benefits have been … largely neglected, although the EU and the US are leading FDI host countries and FDI source countries. Moreover, from a … theoretical perspective a knowledge production function has to be considered in order to analyze FDI and innovation dynamics – and …
Persistent link: https://www.econbiz.de/10014503479
trade induced real income gains while the FDI related and innovation induced benefits have been largely neglected, although … the EU and the US are leading FDI host countries and FDI source countries. Moreover, from a theoretical perspective a … knowledge production function has to be considered in order to analyze FDI and innovation dynamics - and this can then be linked …
Persistent link: https://www.econbiz.de/10011716195