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Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The … throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the … Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete …
Persistent link: https://www.econbiz.de/10012888552
Popular approaches to building data from unstructured text come with limitations, such as scalability, interpretability, replicability, and real-world applicability. These can be overcome with Context Rule Assisted Machine Learning (CRAML), a method and no-code suite of software tools that...
Persistent link: https://www.econbiz.de/10013470898
Information processing has been defined as “the change (processing) of information in any manner detectable by an observer, a process that describes everything that happens in the universe, from the falling of a rock to the printing of a text file from a digital computer system.” Human...
Persistent link: https://www.econbiz.de/10012593928
products and services. Using the example of innovation in firms, we outline a framework for extracting information from firm …
Persistent link: https://www.econbiz.de/10011892694
Innovation is considered as a main driver of economic growth. Promoting the development of innovation through STI … (science, technology and innovation) policies requires accurate indicators of innovation. Traditional indicators often lack …. In this paper, we propose a novel approach on how to create firm-level innovation indicators at the scale of millions of …
Persistent link: https://www.econbiz.de/10011959904
Governments around the world want to develop their ICT and digital industries. Policymakers thus need a clear sense of the size and characteristics of digital businesses, but this is hard to do with conventional datasets and industry codes. This paper uses innovative "big data" resources to...
Persistent link: https://www.econbiz.de/10010440545
This paper exploits daily infrared images taken from satellites to track economic activity in advanced and emerging countries. We first develop a framework to read, clean, and exploit satellite images. Our algorithm uses the laws of physics (Planck's law) and machine learning to detect the heat...
Persistent link: https://www.econbiz.de/10014484491
We analyze how the adoption of the California Consumer Protection Act (CCPA), which limits buying or selling consumer data, heterogeneously affects firms with and without previously gathered data on consumers. Exploiting a novel and hand-collected data set of 11,436 conversational-AI firms with...
Persistent link: https://www.econbiz.de/10012800460
within the Digital Layer. The firm-level innovation indicators in this study come from traditional sources (survey and patent …
Persistent link: https://www.econbiz.de/10012150751
Due to the omnipresence of digital technologies in the economy, measuring firm digitalisation is of high importance. However, current indicators show several shortcomings, e.g., they lack timeliness and regional granularity. In this study, we show that advances in text mining and comprehensive...
Persistent link: https://www.econbiz.de/10013473235