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On the role of productive government spendings for convergence of a growing economy with heterogenous specialists
Ott, Ingrid; Soretz, Susanne - 2010
This paper employs a dynamic framework to compare the effects of alternative government activities on convergence of industrialized economies to the technology frontier. The government's Instruments include facilitating private investment and education policy. The latter enhances skills of...
Persistent link: https://www.econbiz.de/10008654230
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Knowledge Spillover Entrepreneurship in an Endogenous Growth Model
Acs, Zoltan J. - 2013
creation of knowledge. In modern capitalist economies the agents that commercialize new ideas, the entrepreneurs, receive the …
Persistent link: https://www.econbiz.de/10013089419
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Determinants of growth and convergence in a growing economy with heterogeneous entrepreneurs
Dohse, Dirk (contributor); Ott, Ingrid (contributor) - 2008
respects. Entrepreneurs in our model dispose of two different skills (technological and systemic skills) and we are able to …
Persistent link: https://www.econbiz.de/10003782309
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Entrepreneurship: state of grace or basic feature of human action? : Schumpeter's leadership vs. Kirzner's alertness
Ferlito, Carmelo - 2018
Joseph A. Schumpeter developed a very well-known theory of entrepreneurs and entrepreneurship, centred on the concept …
Persistent link: https://www.econbiz.de/10011895105
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Chapter 3 Horizontal Innovation in the Theory of Growth and Development
Gancia, Gino; Zilibotti, Fabrizio - 2005
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
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Measuring the Direction of Innovation : Frontier Tools in Unassisted Machine Learning
Teodoridis, Florenta - 2020
Understanding the factors affecting the direction of innovation is a central aim of research in the economics and strategic management of innovation. Progress on this topic has been inhibited by difficulties in measuring the location and movement of innovation in ideas space. To date, most...
Persistent link: https://www.econbiz.de/10012834632
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On the Basis of Brain : Neural-Network-Inspired Change in General Purpose Chips
Prytkova, Ekaterina; Vannuccini, Simone - 2021
In this paper, we disentangle the changes that the rise of Artificial Intelligence Technologies (AITs) is inducing in the semiconductor industry. The prevailing von Neumann architecture at the core of the established “intensive” technological trajectory of chip production is currently...
Persistent link: https://www.econbiz.de/10013249642
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Wealth inequality, uninsurable entrepreneurial risk and firms markup
Brien, Samuel - 2021
entrepreneurs facing uninsurable idiosyncratic risks. Under greater wealth concentration, households in the lower end of the wealth … heterogeneous risk averse entrepreneurs competing to catch up with firms. This model is unique in that both household wealth …
Persistent link: https://www.econbiz.de/10012670916
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Unemployment and Aspirations : The Moderating Role of Education
Capelleras, Joan-Lluis - 2014
This paper examines how the interactions between changes in regional rates of unemployment and nascent entrepreneurs …' higher education and entrepreneurship training affect entrepreneurial growth aspirations in the context of an economic … entrepreneurs and the environmental conditions in which the new firm formation process takes place. However, little is known about …
Persistent link: https://www.econbiz.de/10013049198
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Hierarchy’s Subordination of Democracy and How to Outrank It
Raelin, Joseph A. - 2020
We hear much about the “democratic ideal” as if it were unreachable within the walls of the organization. Of late, apologists have begun suggesting that there is no need to worry; democracy exists; it’s just that it is often hidden from view right within the requisite hierarchical...
Persistent link: https://www.econbiz.de/10014095823