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This paper studies the global synchronicity of technology and its impact on the economy. We employ dynamic factor analysis to decompose patent data in different digital technologies for various countries into global and country-specific factors. Our findings confirm the existence of global and...
Persistent link: https://www.econbiz.de/10014279279
analysis, the slowdown in innovation activity has a clear temporal connection with the later slowdown in productivity in the …In this paper, we shed new light on the productivity impact of breakthrough patents, as well as their role in the … variability of productivity across countries. We use text analysis and machine learning-based estimates of the number of …
Persistent link: https://www.econbiz.de/10014286019
This paper investigates whether technological innovation and exports affect the size and productivity of manufacturing … size and productivity, while causality exercises show that innovation and exports imply higher productivity and higher firm … particularly important for the issue under examination. Regression analyses show a positive relation among innovation, exports, and …
Persistent link: https://www.econbiz.de/10014066304
This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model … where multi-product firms do two types of innovation subject to friction in technology spillovers. Firms improve their … existing products through internal innovation while entering others' product markets through external innovation. We introduce …
Persistent link: https://www.econbiz.de/10013226722
This paper has a twofold aim. Firstly, it presents an overview of sources of data on service innovation. We distinguish … macro-data do not measure the service innovation process itself, but mainly represent inputs in or output originating from … the innovation process. Data at the micro-level are derived from specific innovation surveys of firms and enterprises …
Persistent link: https://www.econbiz.de/10005626107
succeed. The 1997 Survey of Innovation was the first to look at innovation in selected knowledge-based and information …-intensive services industries. This article presents estimates of innovation in the engineering services industry over the 1994 to 1996 … period. The survey findings show that large firms are very innovative, but that innovation rates are low among small firms …
Persistent link: https://www.econbiz.de/10005660588
estimates for an extended production function framework reveal significant productivity effects of ICT in the German service … productivity differentials between firms. …
Persistent link: https://www.econbiz.de/10010297958
Research on territorial innovation systems has traditionally put a very strong emphasis on intra-economy collaborative … based on localized knowledge assets, and as platforms for growth and internationalization. The locus of innovation is … therefore shifting away from individual firms, towards territorial economies and the distributed innovation networks by which …
Persistent link: https://www.econbiz.de/10011515554
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10013120145
We explore the role of business services in knowledge accumulation and growth and the determinants of knowledge diffusion including the role of distance. A continuous-time model is estimated on several European countries, Japan, and the United States. Policy simulations illustrate the benefits...
Persistent link: https://www.econbiz.de/10012755573