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In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014383652
Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese enterprises – more so in domestically owned...
Persistent link: https://www.econbiz.de/10013071740
Inventors generally know more about their inventions than what is written down in patent applications. Because they possess this tacit knowledge, inventors may need to play an active role when patents are commercialized. We build on Arora (1995) and model firm-inventor cooperation in the...
Persistent link: https://www.econbiz.de/10013235167
Inventors generally know more about their inventions than what is written down in patent applications. Because they possess this tacit knowledge, inventors may need to play an active role when patents are commercialized. We build on Arora (1995) and model firm-inventor cooperation in the...
Persistent link: https://www.econbiz.de/10012830530
Strengthening the innovation system in the Netherlands is a priority for raising productivity growth, which has been … sixth highest in the OECD -- but innovation activity is only around the average for OECD countries according to the EIS … Summary Innovation Index. The main weaknesses are in business R&D intensity, the share of the population with tertiary …
Persistent link: https://www.econbiz.de/10012446458
Inventors generally know more about their inventions than what is written down in patent applications. Because they possess this tacit knowledge, inventors may need to play an active role when patents are commercialized. We build on Arora (1995) and model firm-inventor cooperation in the...
Persistent link: https://www.econbiz.de/10012224283
Recent studies of knowledge production have increasingly recognized the role of codified knowledge in the operation of social organizations. Much of the knowledge resident in organizations exists as tacit knowledge, that is, as knowledge that goes unrecorded. Typically such knowledge is carried...
Persistent link: https://www.econbiz.de/10014217537
stocks positively associated with AI innovation but not vice versa. The impact of the two forms of knowledge capital on firm …
Persistent link: https://www.econbiz.de/10014253901
In this book, the authors trace the contours of knowledge and innovation in Africa from the founding civilisations to … today’s current realities, and then set out the drivers of change that can be expected to shape innovation systems on the …
Persistent link: https://www.econbiz.de/10014133218
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014416148