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innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … productivity. Secondly, we draw attention to recent modeling and estimation effort that reveals novel sources of heterogeneity, non …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
Persistent link: https://www.econbiz.de/10012268385
force, which doubled in the G20 countries as a result of brisk population growth, and rising productivity. Over the next … future growth will be on productivity, whose growth in developed economies has been declining over the past decade. For the … world to maintain the same GDP growth trajectory over the next half century, productivity would need to grow 80% faster than …
Persistent link: https://www.econbiz.de/10012982255
globalisation the role of global companies within the city-region is critical, and city-regions in turn are seen to drive national … institutional economic theories. -- scale ; cities ; countries ; multinational firms ; globalisation …
Persistent link: https://www.econbiz.de/10003857883
The paper shows how the original semi endogenous and balanced growth model of , and my extended version of it (), could be useful in explaining the key "stylized facts" of global long-term growth so far, and in predicting its dynamics in the future. During the last two centuries the sector of...
Persistent link: https://www.econbiz.de/10012303145
As the pace of digitalization and automation accelerates globally, and more disruptive innovations in machine learning, artificial intelligence and robotics are expected, new data sources and measurement tools are needed to complement existing valuable statistics and administrative data. This is...
Persistent link: https://www.econbiz.de/10011908122
We explore the relation between a country's patents and its economic and productivity growth. Consistent with patents …
Persistent link: https://www.econbiz.de/10012938170
Businesses around the world are rapidly adopting digital technologies. Adoption, though, is not even, but it varies over time and differs from society to society, depending on resources in the ecosystem. This study addresses how past, present, and future digitalization is developing globally...
Persistent link: https://www.econbiz.de/10013470618
This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
Persistent link: https://www.econbiz.de/10014279279
sector. This discrepancy in technological proximity between sectors influences the differential productivity growth rates in …
Persistent link: https://www.econbiz.de/10014333588
We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of productive capabilities across the first and the current waves of globalization. We find that productive capabilities are path-dependent and historical capabilities are powerful...
Persistent link: https://www.econbiz.de/10013197407