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We examine whether 'pioneer' regions - early leaders in generating new ideas in emerging scientific fields - develop and maintain an innovation advantage in the same fields over time. Our analysis covers 24 disruptive technologies (e.g. AI, cloud computing) in thousands of OECD regions over 20...
Persistent link: https://www.econbiz.de/10015077761
We unbox developments in artificial intelligence (AI) to estimate how exposure to these developments affect firm-level labour demand, using detailed register data from Denmark, Portugal and Sweden over two decades. Based on data on AI capabilities and occupational work content, we develop and...
Persistent link: https://www.econbiz.de/10015077767
This study examines the impact of green and digital investments on the investment inefficiency level of European firms. We define investment inefficiency as the deviation from the optimal investment level, which depends on both the net present value (NPV) of the projects and the marginal benefit...
Persistent link: https://www.econbiz.de/10015077781
Commercial aviation is an important part of modern life with flight training being one of its backbones. To foster an airline's financial viability, investments in sustainable and cost-efficient technologies need to be made. Prior literature suggests that Virtual Reality applications can be used...
Persistent link: https://www.econbiz.de/10014435334
Generative Artificial Intelligence (AI) is a potentially important new technology, but its impact on the economy depends on the speed and intensity of adoption. This paper reports results from the first nationally representative U.S. survey of generative AI adoption at work and at home. In...
Persistent link: https://www.econbiz.de/10015072907