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This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp …;D. The analysis employs various panel data techniques and uses patent and Ramp;D data for 20 OECD and 10 Non-OECD countries …
Persistent link: https://www.econbiz.de/10012783098
function (IPF) and propose three models relating innovation, AI and population: AI as a research-augmenting technology; AI as … researcher scale enhancing technology; and AI as a facilitator of innovation. We show, performing model simulations calibrated on …
Persistent link: https://www.econbiz.de/10014464111
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
The economic impact of Artificial Intelligence (AI) is studied using a (semi) endogenous growth model with two novel features. First, the task approach from labor economics is reformulated and integrated into a growth model. Second, the standard representative household assumption is rejected,...
Persistent link: https://www.econbiz.de/10012262282
This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers,...
Persistent link: https://www.econbiz.de/10012157100
In this contribution we describe how green policies should be designed to activate private innovation forces for … private green innovation machine. We try to assess how strong which types of government interventions have and can be to power … the green innovation machine. An important insight from the economic analysis of the effectiveness of the public …
Persistent link: https://www.econbiz.de/10011336729
Schumpeterian growth theory has "operationalized" Schumpeter's notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10013063792
technological progress. In order to inquire into our research question, we build a model of a small, open economy having specialized …
Persistent link: https://www.econbiz.de/10013387387
dışında marka ve patent gibi faktörlerin bir ürünü olmaya başlamıştır. Bu ilişkinin varlığının araştırılmasına yönelik bir … yöntemin önerildiği ve Ülkemiz için bir uygulamasının yapıldığı bu çalışmanın bulguları, katma değer ve marka/patent …
Persistent link: https://www.econbiz.de/10005489680
innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income … the number of patent per capita, innovativeness accounts on average across US states for around 17% of the total increase … in the top 1% income share between 1975 and 2010. Finally, we show that innovation does not increase broader measures of …
Persistent link: https://www.econbiz.de/10013021154