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imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …
Persistent link: https://www.econbiz.de/10011866633
In this paper, we develop a new dynamic model of optimal investments in R&D and manufacturing for a technological leader competing with a large number of identical followers on the market of a technological product. The model is formulated in the form of the infinite time horizon stochastic...
Persistent link: https://www.econbiz.de/10012432372
Persistent link: https://www.econbiz.de/10011625724
of S&T indicators for small-, medium-, and large-sized manufacturing firms in China in 2000 and 2004. Our results suggest …
Persistent link: https://www.econbiz.de/10010320084
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … find that not only is wage-induced innovation significant and quantitatively important, but also that it substantially …
Persistent link: https://www.econbiz.de/10012179650
Along just a few decades, China has undergone huge economic changes, managing an impressive catching-up drive. But …-designed technologies and supplying foreign markets, to producing high quality, services-and-knowledge-intensive goods engineered in China … attained in recent years in terms of research and innovation development, sketching the Chinese academic and industrial R …
Persistent link: https://www.econbiz.de/10014131791
We explore the impact of informal institutions on technological change in transition, comparing the 89 regions of the Russian Federation. We use panel data during the period of recovery and growth, 1998-2004. The one-country framework provides a constant background — unlike, for example, in...
Persistent link: https://www.econbiz.de/10013075251
Most high and middle-income countries showed symptoms of skill-biased technological change in the 1980s. India - a low income country - did not, perhaps because India's traditionally controlled economy may have limited the transfer of technologies from abroad. However the economy underwent a...
Persistent link: https://www.econbiz.de/10014061436
discusses the role of industrial policies within an evolutionary view of innovation and learning as drivers of economic … innovation wherein industrial policies play a pivotal role. …
Persistent link: https://www.econbiz.de/10012195687
The paper aims to investigate relationships between technology and innovation management, total factor productivity and … economic growth in China. By comparing the trends in total factor productivity growth of industrialized economies (i.e. OECD … regression analysis show that manufacturing growth leads to an increase of total factor productivity in the short-run in China …
Persistent link: https://www.econbiz.de/10013296140