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Persistent link: https://www.econbiz.de/10009571302
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During industry change, managers and entrepreneurs often must make strategic investment decisions well in advance of … important role of managers’ forward-looking cognition amidst this uncertainty as a driver of decision-making and ultimately firm …-looking cognition (industry foresight) in the first place. Moreover, we lack a clear understanding of how the collection of individual …
Persistent link: https://www.econbiz.de/10014441812
Most macroeconomic forecasters underestimated global investment during the late 1990s. One potential reason was that …-of-sample forecasts largely predicted the global investment boom of the late 1990s. The main factor behind the improved model performance … is the distinction between investment in ICT assets and investment in other assets, using disaggregated investment data …
Persistent link: https://www.econbiz.de/10014064878
While the economic theory predicts that developing countries will gain the most from technology spillovers, there have been only a few analyses looking at this question empirically. The present study focuses on a panel of 27 transition and 20 Western European countries between 1990 and 2006 and...
Persistent link: https://www.econbiz.de/10010264898
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10008906821
If an emission reduction agreement with participation of all players is not enforceable because politicians are too myopic or not able to commit themselves to sustainable policies or costs of reducing emissions are too high, strategic investments in research and development (R&D) of green...
Persistent link: https://www.econbiz.de/10008732080
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10009665630
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of (quasi-) stasis and an epoch of high growth linked by...
Persistent link: https://www.econbiz.de/10003817154
trapped itself in. A 1% GDP investment over a decade in the main nuclear countries could boost economic growth with a focus on …
Persistent link: https://www.econbiz.de/10011296090