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Nowadays technology has to support the competitive advantage of countries and at the same time sustainable economic growth patterns. This paper measures the Net Social Utility of Innovations, by a new technometric approach, which provides the sustainable economic impact of innovations on...
Persistent link: https://www.econbiz.de/10013026330
Ever since the dire predictions of The Limits to Growth (Meadows & al. 1972) failed to come true on time, it's been all too easy to ridicule environmentally-based arguments against economic growth as pessimistic and "Malthusian." In contrast, this paper accepts, for the sake of argument, the...
Persistent link: https://www.econbiz.de/10014189105
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as...
Persistent link: https://www.econbiz.de/10012777881
This paper presents an econometric analysis of the impact of collaboration with universities on the innovative output of firms. We also illustrate the differences that emerge from robustness checks, based on different matching estimators and samples. Our findings strongly suggest that university...
Persistent link: https://www.econbiz.de/10013115933
This paper proposes an endogenous growth model to study whether innovation activities generate business cycles. We find that fishing-out and learning-by-doing effects, which are common properties in innovation activities, generate inverted U-shaped cycles. In this paper, primary and secondary...
Persistent link: https://www.econbiz.de/10013217167
This article will illustrate how a Strategic Corporate Innovation Management™ system can generate shareholder confidence through the continued and timely introduction of newly anticipated inventive solutions that will successfully be adopted by a specified target market. In this context,...
Persistent link: https://www.econbiz.de/10014108124
The rapid productivity gains achieved by technological innovations in the 20th century have slowed in recent decades. This has come at a time of increased market concentration. In this paper, I explore how dominant companies in concentrated sectors have siphoned off inventors that might have...
Persistent link: https://www.econbiz.de/10014244203
This paper develops a comprehensive endogenous growth framework to determinethe optimal mix of growth policies. The analysis is novel in that we captureimportant elements of the tax-transfer system and fully take into account transitionaldynamics in our numerical analysis. Currently, for...
Persistent link: https://www.econbiz.de/10005870766
R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...
Persistent link: https://www.econbiz.de/10005860470
China has experienced a period of tremendous economic growth in recent years. In an attempt to explain this development, several existing growth-accounting studies reveal that impressively high rates of productivity growth have been at the heart of China's performance. This study investigates to...
Persistent link: https://www.econbiz.de/10003774716