The sector of Information and Communication Technologies is one of the key instruments for the development of an economy. The literature emphasizes its capacity for both increasing productivity and generating new sources of income and wealth (Jorgenson, 2001; Colecchia and Schereyer, 2002; among...

En este trabajo se analiza el papel del aprendizaje en el éxito innovador de las empresas, tomando en consideración la naturaleza heterogénea de las actividades innovadoras, y en particular, distinguiendo entre el aprendizaje que proviene de la realización interna de actividades de I+D y el...

Despite growing concern towards entrepreneurship, the number of studies directly targeting the profile of the entrepreneur involved in innovative and high-tech new ventures are still scarce. This study, based on the empirical analysis of 18 highly innovative new ventures is focused on this...

Competition has long been regarded as productivity enhancing. Understanding the mechanism by which competition affects innovation and productivity is therefore an important topic for economic policy. The main contribution of this paper is to disentangle the relationship between competition and...

This paper presents a computable general equilibrium model of endogenous (stochastic) growth and cycles that can account for two key features of the aggregate data: balanced growth in the long-run and business cycles in the short-run. The model is built on Schumpeter's idea that economic...