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Germany remains Europe's largest and most diversified source of new technology, but still lags in the fastest growing … had supported Germany's leadership in the high-tech industries of the early twentieth century - automobiles, machinery … to new technological stimuli. In addition, Germany's bank-centered capital and inflexible labor markets have long …
Persistent link: https://www.econbiz.de/10011495600
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appropriation model, the estimated values for the long-run elasticities of substitution between capital and labor for Germany and …
Persistent link: https://www.econbiz.de/10010495336
Spillovers have usually been undertaken at the country level, the spillover effects can be more definitive only if the analysis is conducted at the industry-level. This paper therefore attempts to identify spillovers by disentangling technological innovations into intra- and inter-national...
Persistent link: https://www.econbiz.de/10011374054
In 2010 China was the world's fourth largest filer of patent applications. This followed a decade of unprecedented increases in investment in skills and Research and Development. If current trends continue China could rank first in the very near future. We provide evidence that the growth in...
Persistent link: https://www.econbiz.de/10009273173
incentives to scientific work may produce positive feedbacks and increasing returns. The organization of basic research presents … both real and non-real incentives to workers. The state organizes production of new knowledge - a public good that improves … researchers have high relative income but low prestige, and competition for discoveries is weak. On the other hand, the high …
Persistent link: https://www.econbiz.de/10012733568
sector regulators in network industries and the powers of the Competition Authority can still be enhanced, as the reform …
Persistent link: https://www.econbiz.de/10010375394
We provide aggregate macroeconomic evidence on how, in the long-run, a diverse degree of complexity in production may affect not only the rate of economic growth, but also the correlation between the latter, population growth and the monopolistic (intermediate) markups. For a sample of OECD...
Persistent link: https://www.econbiz.de/10012899609
The internet is profoundly transforming every aspect of production and business processes. Firms now employ various applications of the internet for the purpose of marketing, supply-chain management, human resources management, and etc. Consequently, the use of internet can provide firms with an...
Persistent link: https://www.econbiz.de/10013025903