Showing 91 - 100 of 156
Bury is a Metropolitan Borough situated in north Manchester. Whilst the centre and south of the Manchester conurbation have benefited from notable economic growth, this has not been so in the north due to its continued reliance on a depleting manufacturing base. Bury in particular has become...
Persistent link: https://www.econbiz.de/10011139532
This paper reassesses the causal relationship between per capita energy use and gross domestic product, while controlling for capital and labour (productivity) inputs in a panel of 30 OECD countries over the past 40years. The paper uses panel unit root and cointegration testing and specifies an...
Persistent link: https://www.econbiz.de/10010616840
Skill-biased technical change has occupied empirical economists for much of the 90s. However, the empirical literature has not progressed much beyond observing a positive correlation between technology indicators and demand shifts. Two hypotheses on the root causes of skill biases in technical...
Persistent link: https://www.econbiz.de/10010261506
In this paper I will focus exclusively on opportunity in the narrow sense and therefore on the origin of the required knowledge. For the purpose of this paper an opportunity exists when all reqiured elements of knowledge are "out there" and await the arrival of a keen entrepreneur to recognize,...
Persistent link: https://www.econbiz.de/10010261508
This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a decrease in the level of political risk associated...
Persistent link: https://www.econbiz.de/10010263782
We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods and the quality improvement of existing goods. While the latter is performed by the corporate R&D sector, the first is performed by entrepreneurs. We show that in a three sector...
Persistent link: https://www.econbiz.de/10010263851
Talent allocation models assume that entrepreneurial talent is selfish and thus allocates into unproductive or even destructive activities if these offer the highest private returns. This paper experimentally analyzes other-regarding preferences of entrepreneurial talent. We find that making a...
Persistent link: https://www.econbiz.de/10010270611
We develop a model in which stronger protection of intellectual property rights has an inverted U-shaped effect on innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial exploration that would otherwise accrue to the...
Persistent link: https://www.econbiz.de/10010271789
Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...
Persistent link: https://www.econbiz.de/10010273444
In this paper we first propose a proxy for the maturity of a country’s export bundle based on product life cycle theory. Employing a conditional latent class model, we then examine the effect of maturity of countries’ exports on their economic growth for 98 countries over the period 1988 to...
Persistent link: https://www.econbiz.de/10011083276