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This paper examines the relationships between the R&D sector activities of the EU and the US using multivariate Granger-causality tests. The multivariate framework employed also allows us to make causal inferences about the effects of R&D activity on labour productivity in the home and foreign...
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innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10013047034
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10012458174
order to carry out innovation. This endogenous threshold level falls as the economy moves closer to the technological … frontier, enabling more entrepreneurs to be engaged in an innovation-based strategy, and consequently, moving the economy from … a technological structure that is based on imitation of foreign technologies to one where domestic innovation dominates …
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authors use case studies to illustrate the policy framework that favors environmental innovation, and offer recommendations … lead markets for innovations such as fuel cells, photovoltaics, and others. Contributions of innovation economics, policy …
Persistent link: https://www.econbiz.de/10014014158