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, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … productivity growth and requires new thinking on policy. The returns to investing in KBC differ significantly across countries and … role for innovation policies to raise private investment in KBC towards socially optimal levels. Indeed, R&D tax incentives …
Persistent link: https://www.econbiz.de/10009775561
This paper explores the growing importance of intangible assets as a potential source of innovation and productivity … gains, and the contribution of efficient resource allocation to this process. Realising the growth opportunities implied by …
Persistent link: https://www.econbiz.de/10009690906
This paper provides first empirical evidence of the joint effects that innovation strategies and human resource … management practices exert on firm growth. By exploiting unique information from a large sample of Italian manufacturing firms in … positively associated with a significant turnover, employment and labor productivity growth premium. However, their joint …
Persistent link: https://www.econbiz.de/10012900153
This paper provides first empirical evidence of the joint effects that innovation strategies and human resource … management practices exert on firm growth. By exploiting unique information from a large sample of Italian manufacturing … both positively associated with a significant turnover, employment and labor productivity growth premium. However, their …
Persistent link: https://www.econbiz.de/10011995810
innovation. Drawing on a Schumpeterian (R&D-based) growth model that incorporates both tangible and intangible capital and using …&D intensity and the fixed capital investment ratio, but negatively related to income growth. Accounting for the innovation …-induced counteracting growth-effect on the wealth-income ratio, we show that the net effect of R&D on wealth inequality is positive …
Persistent link: https://www.econbiz.de/10012913785
institutions, natural resource rents cease to have a negative impact on long-term growth. Institutions in resource-based economies … foster economic growth when voice and accountability are in place; broad-based rule of law is enforced with secure property …
Persistent link: https://www.econbiz.de/10011472013
innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skillintensive … level and subsequent growth in rich countries. In particular, we show that in OECD economies it is crucial to isolate the …
Persistent link: https://www.econbiz.de/10010292939
This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper … growth, and the way in which economics literature has dealt with this issue over time. The structure of this survey …
Persistent link: https://www.econbiz.de/10010263572
analysis reveals that growth in innovation stocks via increasedR&D in specialized and science-based industries spurred … of EU countries growth drivers on the sectorallevel, the paper takes a new look on the influence of innovations. While … productivity growth as well.But those effects are only found for Nordic and Western Continental EU countries,while others are …
Persistent link: https://www.econbiz.de/10010312160
Although ideas production plays a critical role for growth, there has been only a modicum of research on the role … played by financial forces in fostering new inventions. Drawing on Schumpeterian growth theory, this paper tests the roles of … framework, on the other hand, curbs innovative production. Schumpeterian growth ; financial development ; venture capital …
Persistent link: https://www.econbiz.de/10009553016