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stimuli -- The use of important inventions as a cause of further inventions -- Productivity advance: A Case of supply and … demand? -- The amount of invention is governed by the extent of the market - the evidence of time series -- The amount of … invention is governed by the extent of the market - the evidence of cross sections -- The sources of invention and the changing …
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We examine the dynamics of ideas production and knowledge-productivity relationship in a panel of 19 OECD countries. A …&D but little support for endogenous growth. Countries with low domestic ideas bases could considerably improve productivity …
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Sunk costs for R&D are an important determinant of the level of innovation in the economy. In this paper I recover them … created the incentives for firms to pay the costs of investment. Trade-induced innovation reinforced the selection effect by … which international trade leads to productivity growth. Finally, using the estimated parameters, simulations evaluate the …
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