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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
-contained chapters. All chapters discuss different implications of the growing importance of trade in intermediate inputs. The first … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10011742945
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