phenomena, attention is paid to the role of profitability as a driver of productivity and investment and global hegemony as a …A new world order is taking shape as a result of the relative decline of the United States (US) and other Western … economies. An important aspect of relative decline is a progressive secular slowing down of productivity growth. Another is the …

focuses on the impact of R&D and patents on firms’ performance and productivity, we examine data on actual investment …This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … amounts of employment and capital investment in North America and Europe. In contrast to much of the existing literature which …

Great Divergence, the failure of less developed countries to attract capital from abroad, and a productivity slowdown in … fully developed countries. An extension towards a two-region world economy shows robustness of the gradual take-off and …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …

productivity and that they impact the degree of R&D spillovers …

as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …