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We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …Recent evidence on world trade patterns reveals North-South specialization across products of the same industries and …
Persistent link: https://www.econbiz.de/10003954544
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … knowledge spillovers implies that the decentralized equilibrium features an allocation of labor to R&D activity that is strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
R&D than non-cooperating firms if spillovers are sufficiently large. Further, market demand and R&D productivity have a … collaborate in R&D is increasing in R&D productivity. The key findings of the theoretical model are tested using German innovation … survey data for the service sector. A simultaneous model for cooperation choice and innovation expenditures shows that R …
Persistent link: https://www.econbiz.de/10011444658
With quantity-based innovation targets and subsidy programs launched since the mid-2000s, Chinese patents have seen a …’ quantity-quality trade-off between radical and incremental innovations, and decomposes subsidies’ impact on growth and welfare …
Persistent link: https://www.econbiz.de/10014080056
contracts, mitigating information frictions in international trade. There is little evidence for the relaxation of financial … constraints or the promotion of follow-on innovation. …
Persistent link: https://www.econbiz.de/10014434285
This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …
Persistent link: https://www.econbiz.de/10011723712
This paper presents preliminary evidence on the patenting activities of 21 200 research institutions - 20 091 higher education institutions (HEIs) and 1 109 public research institutes (PRIs) - for 36 OECD countries and China from 1992 to 2014. Our evidence, which builds on a database that...
Persistent link: https://www.econbiz.de/10012168868
innovation performance of companies and can pose major threats to global competition and economic growth. However, the actual … by illegal international trade of counterfeits are digital technology companies. The majority of these (58%) are big … motion picture. About 34% of digital technology companies affected by international trade of counterfeits are located in the …
Persistent link: https://www.econbiz.de/10011981007
traditional finding that knowledge spillovers depend on geographical distance or trade flows. Our findings support policies that …We also show that the evidence that knowledge spillovers flow along the supply chains is more robust than the …
Persistent link: https://www.econbiz.de/10010380591