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We build a tractable growth model where multi-product incumbents invest in internal innovations to improve their existing products, while new entrants and incumbents invest in external innovations to acquire new product lines. External and internal innovations generate heterogeneous innovation...
Persistent link: https://www.econbiz.de/10014044574
The interest of the Fourth Industrial Revolution spurred by the German Industry 4.0 has sharply increased in developed countries such as the United States, Japan, Korea and so on. The Japanese government officially considers the “Fourth Industrial Revolution” as one of main new growth...
Persistent link: https://www.econbiz.de/10014264755
Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies. It is not...
Persistent link: https://www.econbiz.de/10014209814
interpretations of regional innovation systems. (Regional Innovation Systems, Asymmetric Knowledge and the Legacies of Learning, Draft … interpreting the exploitation of knowledge are economists and politicians who embrace the benefits of an integrated world economy … interpretation of regional innovation, the potential new knowledge in a metro regional economy can be organized to feed directly into …
Persistent link: https://www.econbiz.de/10014210256
The "just-so" happy story told by global trade proponents that promised that the loss of manufacturing jobs would be made up by the increase in "service sector" jobs is not supported by the BDS data, and it is just now dawning on state government officials that there is something seriously wrong...
Persistent link: https://www.econbiz.de/10014210433
During the twentieth century, all governors of North Carolina used a variant of contemporary economic theory to justify the state's economic development policy of industrial recruitment. While every governor expressed optimism that this economic development policy would ultimately lead to...
Persistent link: https://www.econbiz.de/10014210470
The current American economic decline is a result of fundamental flaws in the economic structure of the country. The flaws in financial markets and financial policy allowed negative economic trends to grow and fester under the Bush administration. The U. S. Congress contributed mightily to the...
Persistent link: https://www.econbiz.de/10014211077
Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies. In this column,...
Persistent link: https://www.econbiz.de/10014211079
This paper provides new evidence on the relationship between innovation, competition and distance to the technology frontier, using enterprise surveys from 40 developing and transition countries. Different from previous empirical studies, the distance to frontier is measured by a firm's...
Persistent link: https://www.econbiz.de/10013141333
The integration process between evolutionary approach and conventional economic analysis is very essential for the next development of economic studies, especially in the fundamental concepts of modern economics: supply and demand analysis. In this presentation, we use the concept of meme to...
Persistent link: https://www.econbiz.de/10008548835