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patents to the scientific literature has been suggested as an indicator of this process of transfer of knowledge from science …Technological innovation depends on knowledge developed by scientific research. The num-ber of citations made in …-to-sector ma-trix of knowledge flows. We then propose a method to analyze this matrix and construct vari-ous indicators of science …
Persistent link: https://www.econbiz.de/10005150808
of tacit knowledge codification, and to illuminate the role of intellectual property in the firm. Patents, for example … ameliorating the risks associated with loss of tacit knowledge. Thus, aside from the usual justifications for patents in terms of …Recent studies of knowledge production have increasingly recognized the role of codified knowledge in the operation of …
Persistent link: https://www.econbiz.de/10014217537
This paper analyzes labor productivity and the law of decreasing labor content (LDLC) originally formulated by Farjoun and Machover (1983). First, it is shown that the standard measures of labor productivity may be rather misleading, owing to their emphasis on monetary aggregates. Instead, the...
Persistent link: https://www.econbiz.de/10010287873
Biotechnology is often regarded as a key technology with high potential for far-reaching social, environmental and economic impacts. Among others, the development and diffusion of biotechnology may have considerable economic effects on production and employment. This paper analyzes the economic...
Persistent link: https://www.econbiz.de/10003893430
Sectoral data features (i) changing relative expenditures of different sectors, (ii) non-constancy in relative prices and (iii) long-run trends in relative TFP growth rates across sectors. We provide a tractable theory of industry directed technical change, which is able to reconcile these...
Persistent link: https://www.econbiz.de/10009761752
This paper analyzes labor productivity and the law of decreasing labor content (LDLC) originally formulated by Farjoun and Machover (1983). First, it is shown that the standard measures of labor productivity may be rather misleading, owing to their emphasis on monetary aggregates. Instead, the...
Persistent link: https://www.econbiz.de/10008758085
This paper identifies a fundamental challenge in the development of input-output databases of the world economy intended for analysis of alternative scenarios with a model of the world economy. Primary data sources for individual economies generally do not use the same sectoral classification...
Persistent link: https://www.econbiz.de/10009583684
Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts of these innovations on aggregate energy use are highly varied. We develop a general equilibrium model to investigate whether this variation is determined by the structure of the...
Persistent link: https://www.econbiz.de/10012844213
Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts of these innovations on aggregate energy use are highly varied. We develop a general equilibrium model to investigate whether this variation is determined by the structure of the...
Persistent link: https://www.econbiz.de/10012157316
This paper presents a novel stylized fact and analyzes its contribution to the skill bias of technical change in U.S. manufacturing. The share of skilled labor embedded in intermediate inputs correlates strongly with the skill share employed in final production. This finding points towards an...
Persistent link: https://www.econbiz.de/10014222754