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openness has a more positive impact in boosting innovation in BRICS than in the five OECD countries, whereas ethnic diversity … and R&D expenditure have a more positive influence on innovation activities in OECD countries than in BRICS. Surprisingly …, despite popular presumption that the Internet has dramatically leveled the innovation playing field by making distant …
Persistent link: https://www.econbiz.de/10009459031
We develop the barebones of a highly stylized theoretical endogenous growth model for analyzing the impact of R&D investment on long run growth. We use this framework to identify a structural vector autoregressive (SVAR) model on GDP growth, inflation and R&D investment, along with the...
Persistent link: https://www.econbiz.de/10012530269
, we find that innovation performance exhibits a high degree of inertia. Further, some other observed firm characteristics … be relevant determinants of the likelihood of innovation …
Persistent link: https://www.econbiz.de/10012530302
Technology and innovation play an increasingly important role in the economic development of both developed and … innovation or imitation by developing a conceptual model and then empirically testing it using pesticide innovation data from a … rapidly developing country, China. We find that the government encouraged local innovation by opening regions to more …
Persistent link: https://www.econbiz.de/10009444336
Innovation comprises the processes of invention and commercialization. While the importance of innovation, especially … innovation and, in particular, builds on the evolutionary explanation of technology development, the Teecian framework on … profiting from innovation, Transaction Cost Economics (TCE), the Knowledge-Based View (KBV), and open innovation and innovation …
Persistent link: https://www.econbiz.de/10009463384