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step to think about AI's impact on the innovation and research processes that drive the advancement of knowledge and …
Persistent link: https://www.econbiz.de/10013405278
We show a causal impact of immigration on innovation and dynamism in US counties. To identify the causal impact of … recent decades. We show four main results. First, immigration has a positive impact on innovation, measured by the patenting … impact of immigration on innovation percolates over space, but spatial spillovers quickly die out with distance. Fourth, the …
Persistent link: https://www.econbiz.de/10012230294
assuming that the set of potential projects for innovation in each period is limited. The model differs in a number of results … potential innovation. Second, the rate of growth of the economy is bounded and does not rise too much with the scale of the …
Persistent link: https://www.econbiz.de/10014102498
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
This paper considers the prospect of a government patent buyout in a model of endogenous growth. To this end, I modify a standard quality ladder growth model by incorporating possibility of imitation, and rent protection activities (RPAs) by the innovator. The government finances the buyout by...
Persistent link: https://www.econbiz.de/10012986074
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128
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
consistent approach to integrate innovation, space and economic growth into a coherent theoretical framework A potential reason …. To shed some additional light on the spatial dimension of innovation we present results of a first-cut analysis building … on a recently developed cross sectional-time series data set of US innovation, private and university research and high …
Persistent link: https://www.econbiz.de/10005865243
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/10013075135
in innovation activity in five newly industrialising countries (NICs) in Asia (China, India, Philippines, Thailand and … necessary to help policy makers, practitioners and scholars consider the relative levels of local innovation and the …
Persistent link: https://www.econbiz.de/10012974823