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innovation and imitation. We develop a theoretical model showing that skilled labor has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skillintensive …
Persistent link: https://www.econbiz.de/10010292939
This paper reviews the emergence and evolution of major topics in economics of innovation. Throughout the paper …
Persistent link: https://www.econbiz.de/10010263572
, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … role for innovation policies to raise private investment in KBC towards socially optimal levels. Indeed, R&D tax incentives …
Persistent link: https://www.econbiz.de/10009775561
Using long historical data for Britain over the period 1620-2006, this paper seeks to explain the importance of innovative activity, population growth and other factors in inducing the transition from the Malthusian trap to the post-Malthusian growth regime. Furthermore, the paper tests the...
Persistent link: https://www.econbiz.de/10013138714
modifications expanded the concept of fixed capital to include intangible capital. The underlying drivers of innovation have … innovation in growth. But they also point to the key motivators for firms to innovate. Policies aiming to boost growth must …
Persistent link: https://www.econbiz.de/10013068114
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run … including: i) measuring welfare gains from product innovation; ii) competition and efficiency in e-commerce, education, and …
Persistent link: https://www.econbiz.de/10012446761
We formulate and estimate a general equilibrium model of innovation-led growth and use it to evaluate the quantitative … implications of individual income tax reforms for innovation and aggregate productivity growth. In the model, innovation comes from …
Persistent link: https://www.econbiz.de/10012125535
An active debate has centered on the importance of manufacturing for driving innovation in the U.S. economy. This paper … supply chain traded services is particularly important to innovation and the economy …
Persistent link: https://www.econbiz.de/10011749360
study this question in the context of an innovation-based model of growth where cultural attitudes are endogenously …
Persistent link: https://www.econbiz.de/10014147117
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10014038646