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Human development, in combination with technology, yields economic growth which, in turn, is necessary to generate …. Secondly, the paper tries to investigate what affects technology change, as represented by TFP. We examine the influence of … openness, FDI, patents and R&D in a 22 country sample and also contrast Asian and Latin American experience. -- Technology …
Persistent link: https://www.econbiz.de/10009355741
Technology spillovers have previously been shown to positively affect a firm's market value and innovation activities …. We build on this literature by showing that value-relevant information from technology spillovers significantly reduces … potential endogeneity. We further demonstrate two likely channels for the crash risk-reducing effect of technology spillovers …
Persistent link: https://www.econbiz.de/10012853539
As technology is one of the main drives of economy, many studies attempt to open this black box and understand how it … functions. In this paper, I will discuss the benefits of examining technology as a system and emphasis on the linkage between … having an empirical method to identify technology as a system. From public policy point of view there are many benefits …
Persistent link: https://www.econbiz.de/10014088253
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basically depends on material and relational goods, we show that the best-case scenarios hold when technology and social capital … technology and social interaction balance one another in fostering the growth of both the social and the private sector of the … economy. Along such tracks, technology may play a crucial role in supporting a “socially sustainable” economic growth …
Persistent link: https://www.econbiz.de/10008735727
This paper views the growth and convergence process of the four Visegrad economies - the Czech Republic, Hungary, Poland and Slovakia - through the lens of the open economy, stochastic neoclassical growth model. We use a unified framework to understand both the long-run convergence path and...
Persistent link: https://www.econbiz.de/10011686350
Starting with the premise that technological innovation and economic growth are interactive and mutually reinforcing, this paper argues that in order to have a fighting chance in the Asean Economic Community (AEC), let alone global, competition, the Philippines (PH) needs to appreciably ramp up...
Persistent link: https://www.econbiz.de/10010359986
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