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The recent wave of financial innovation that has followed the financial inclusion strategy adopted by the Reserve Bank … of Zimbabwe in 2015 poses a serious challenge to the national payments system and the conduct of effective monetary … Zimbabwe …
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in many advanced economies. While process innovation can be job-destroying, product innovation can imply the emergence of … new firms, new sectors, and thus new jobs. But even for process innovation, the final impact on labor demand is shaped by … impede them. Policies should maximize the job-creation effect of product innovation and minimize the direct labor …
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innovation in the AI supply industries. However, this effect is small in magnitude and limited to service sectors and younger …
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important differences between Japanese and US energy firms: lower elasticity of the innovation production function in R …&D expenditure, lower probability of radical innovation, and predominance of dirty technologies in Japan. This may explain our …
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The accumulation of new technological capabilities is of high empirical relevance, both for the development of countries and the business success of firms. In this paper, we aim to delineate strategies how these processes of capability accumulation can be considered more accurately in...
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