We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the … emergence of real world empirical productivity distributions. Firms can improve productivity by engaging in in-house R\&D, or …-growth equilibrium featuring persistent productivity differences even when starting from ex-ante identical firms. The long …

productivity is positively associated with the within-firm variance and the average level of technology sophistication. Development … productivity and one-fifth of the agricultural versus non-agricultural gap in cross-country differences in firm productivity …

, patented inventions, and total factor productivity) to identify a plausible model of endogenous technological change. In the US … (as well as in other developed countries) research employment and total factor productivity have both grown, while the …

How does risk or uncertainty in the productivity of research affect the growth rate of the economy? To answer this …&D from profit-maximizing firms. The uncertainty arises from the productivity of these investments in R&D. The main result of … this analysis is that the relationship between long-run growth and uncertainty (on the productivity of knowledge creation …

Zvi Griliches, a world-renowned pioneer in the field of productivity growth, has compiled in a single volume his … pathbreaking research on R&D and productivity. Griliches addresses the relationship between research and development (R&D) and … productivity, one of the most complex yet vital issues in today's business world. Using econometric techniques, he establishes this …