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This paper develops and analyzes a macroeconomic model in which aggregate growth and fluctuations arise from the discovery and diffusion of new technologies; there are no exogenous aggregate shocks. The temporal behavior of aggregates is driven by individuals' efforts to innovate and/or make use...
Persistent link: https://www.econbiz.de/10014047269
We study the global innovation and diffusion of ideas by introducing trade into the model in Eaton and Kortum (1999 … intensity of innovation within countries over time and diffusion rates across countries. We find significant specialization … across the globe: some countries have high innovation rates, while other countries rely on diffusion. Although innovation is …
Persistent link: https://www.econbiz.de/10013435152
Similar to economic growth, the process of technology diffusion may well be approximated by easily distinguishable phases (stages). During the initial phase, the process of diffusion slows, whereas subsequently, under favourable circumstances, it accelerates and proceeds at an exponential growth...
Persistent link: https://www.econbiz.de/10011802192
not matter, but new growth opportunities. These are focused on: knowledge, investment in research, innovation and … influences economic growth in the EU-28. We also focused on negative aspects such as the poor results of innovation in relation …
Persistent link: https://www.econbiz.de/10011888200
innovation and change. While much has been written on major discontinuities associated, for instance, with the rise of new …
Persistent link: https://www.econbiz.de/10013277440
Persistent link: https://www.econbiz.de/10013464579
India’s emergence in the world economy over the last decade, has often, in popular discourse, been attributed, at least to a large extent, to its sustained efforts towards technological learning and capacity building. In this paper we present an overview of India’s technological trajectory...
Persistent link: https://www.econbiz.de/10003781183
The subject of this article is the application of Intellectual Property Rights (IPRs) to Africa's cultural economy, and its implications for development. Drawing on extensive research, including field work in Africa and interviews with key people in the field, the study explores the concept,...
Persistent link: https://www.econbiz.de/10012990085
I present a model that combines the key features of a Schumpeterian growth model without scale effects and a North - South model of trade. All open economies converge to parallel growth paths because of costly technological transfer. I study the effects of intellectual property rights (IPR)...
Persistent link: https://www.econbiz.de/10014055840
Using data from developing countries, this paper explores the nature and direction of the links between ICT diffusion and per capita income, trade and financial indicators, education, and freedom indicators. Internet hosts, Internet users, personal computers and mobile phones represent...
Persistent link: https://www.econbiz.de/10013116891