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The purpose of this paper is to examine how the Solow residual relates to innovation at the firm level. We estimate two … kinds of relationships. The first relationship explains innovation output from innovation inputs. The second relationship … relates TFP growth to innovation output. We obtain two main results. First, the determinants of incremental and radical …
Persistent link: https://www.econbiz.de/10014141351
This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
Persistent link: https://www.econbiz.de/10014279279
effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …
Persistent link: https://www.econbiz.de/10012894900
literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …
Persistent link: https://www.econbiz.de/10011562657
This study analyses the diffusion of renewable energy (RE) technologies. It analyses the transition dynamics as the sector broadens its energy mix and changes its capital stock. This shift is found to be desirable from an environmental, geopolitical and economic perspective. Yet, it greatly...
Persistent link: https://www.econbiz.de/10010431686
This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …
Persistent link: https://www.econbiz.de/10011580909
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
(PPCC) as a radical innovation and supercritical coal-fired power plants as an incremental innovation are compared. An ex … sector of large-scale power plants is that an innovation is more likely to succeed the more it follows established …
Persistent link: https://www.econbiz.de/10003835112
This paper explores the links between open innovation and the emergence of a phoenix industry - the low carbon vehicles … innovation" approaches in driving the sector, for example noting that smaller firms can sometimes innovate more quickly …
Persistent link: https://www.econbiz.de/10010431700
-country differences in the efficiency of foreign technology absorption and indigenous innovation lead to cross-country divergence in the … undertaking indigenous innovation tends to gain a higher level of energy productivity. …
Persistent link: https://www.econbiz.de/10010344238