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The integrated circuit (IC) industry's role in promoting sustained economic growth makes it highly valued by governments worldwide. Based on the late-mover advantage and market failure theories, this study demonstrates the importance of government intervention in industrial technological...
Persistent link: https://www.econbiz.de/10014388882
Government funding of innovation can have a significant impact not only on the rate of technical change, but also on its direction. In this paper, we examine the role that government grants and government departments played in the development of artificial intelligence (AI), an emergent general...
Persistent link: https://www.econbiz.de/10012695100
Danish firms are close to the technological frontier compared to other OECD countries, making the introduction of new – potentially disruptive – technologies key to boost productivity growth. Despite a high level of digitalisation and good framework conditions, aggregate productivity growth...
Persistent link: https://www.econbiz.de/10011998493
The study of innovation and technological change is an increasing field of economic enquire because innovation can be considered a major engine of growth. This paper is concerned with the determinants of innovation and technological change. Different theoretical approaches present in the...
Persistent link: https://www.econbiz.de/10011324918
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and convergence. Our work is closely related to the model by Acemoglu et al. (2006) but extends their analysis in some important respects. Entrepreneurs in our model dispose of two...
Persistent link: https://www.econbiz.de/10010263536
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10010316866
India's emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least to a large extent, to its sustained efforts towards technological learning and capacity building. In this paper we present an overview of India's technological trajectory with...
Persistent link: https://www.econbiz.de/10011807633
Persistent link: https://www.econbiz.de/10011886244
Persistent link: https://www.econbiz.de/10011886246
This paper presents comparative data on innovation in selected climate change mitigation and adaptation technologies in the context of Africa. Such analysis informs policy aimed at encouraging international technology transfer and development of domestic innovation capacities. We present...
Persistent link: https://www.econbiz.de/10009685852