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Entrepreneurship, knowledge, and the industrial revolution
Attar, M. Aykut - 2015
knowledge at all times in a serendipitous way, the industrial revolution is an inevitable outcome. The paper characterizes the …
Persistent link: https://www.econbiz.de/10010472600
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Entrepreneurship, knowledge, and the industrial revolution
Attar, M. Aykut - 2014
revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture …
Persistent link: https://www.econbiz.de/10010398784
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Competition, imitation, and R&D productivity in agrowth model with sector-specific patent protection
Mosel, Malte - 2009
Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to make up for this neglect by scrutinizing in what...
Persistent link: https://www.econbiz.de/10010294690
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Investment in Knowledge and Capital in Oligopoly : Balanced Growth, Poverty Traps and Indeterminacy
Peretto, Pietro F. - 2015
knowledge protected by secrecy, patents and other appropriability devices. To explore the macroeconomic implications of this … driven by imbalances between the firms' stocks of capital and knowledge and exhibits properties consistent with the evidence …
Persistent link: https://www.econbiz.de/10014102346
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - 2015
We analyze an economy where managers engage both in the adoption of technologies from the world frontier and in innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy approaches the technology frontier, selection becomes more...
Persistent link: https://www.econbiz.de/10014073922
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The Lindahl equilibrium in Schumpeterian growth models : knowledge diffusion, social value of innovations and optimal R&D incentives
Gray, Elie; Grimaud, André - 2014
considering knowledge diffusion on a Salop (1979) circle. Completing markets by pricing knowledge allows us to compare the private … value of innovations with the social one. This comparison sheds a new light on the consequences of non-rivalry of knowledge …
Persistent link: https://www.econbiz.de/10010252161
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Using the salop circle to study scale effects in Schumpeterian growth models : why inter-sectoral knowledge diffusion matters
Gray, Elie; Grimaud, André - 2016
-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard … Schumpeterian growth model by introducing explicitly knowledge diffusion over a Salop (1979) circle: a continuum of sectors … simultaneously sending and receiving knowledge is located over the circle. The link between knowledge diffusion and scale effects …
Persistent link: https://www.econbiz.de/10011515411
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Endogenous capital- and labor-augmenting technical change in the neoclassical growth model
Irmen, Andreas; Tabakovic, Amer - 2015
investments are associated with new technological knowledge that accumulates over time and sustains long-run growth. We show that …-temporal knowledge externality. An appropriate policy of investment subsidies may implement the efficient allocation. …
Persistent link: https://www.econbiz.de/10011404419
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On the mechanism of international technology diffusion for energy productivity growth
Jin, Wei; Zhang, ZhongXiang - 2014
International diffusion of advanced environment and energy-related technologies has received much attention in recent environmental economics studies. As a much needed complement to the "black box" complex numerical modelling, this paper contributes to developing a simple, intuitive analytical...
Persistent link: https://www.econbiz.de/10010344238
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Endogenous Capital-and Labor-Augmenting : Technical Change in the Neoclassical Growth Model
Irmen, Andreas - 2016
investments are associated with new technological knowledge that accumulates over time and sustains long-run growth. We show that …-temporal knowledge externality. An appropriate policy of investment subsidies may implement the efficient allocation …
Persistent link: https://www.econbiz.de/10013001160