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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/10014113850
available within society. This availability is represented by innovation capacity. I model and show empirically, that volatility … affects growth differently depending on available innovation capacity. The model predicts that abundant innovation capacity … degree when innovation capacity is high. This result emphasises the necessity to consider the current state of a society when …
Persistent link: https://www.econbiz.de/10014082206
We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …
Persistent link: https://www.econbiz.de/10013306810
voluntary initiatives such as green innovation due to doubts about costs and profit. The goal of this research is to identify … the impact of green innovation on economic growth in an innovative environment and digitalization conditions by using … the national and business levels, encouraging a focus on the development of green innovation not only as a means of …
Persistent link: https://www.econbiz.de/10014281257
, which range to the billions of years. It then asks: which is more ridiculous – a world with limits to growth, or a world … without them? After some preliminary definitions (Part I), the paper briefly reviews the post-World War II rise of growth …
Persistent link: https://www.econbiz.de/10014189105
. The results show that the literature leans towards Schumpeter (1942); innovation returns are modeled as following an ex … ante known probability distribution. By assuming that the outcomes of innovation activities are (probabilistically …
Persistent link: https://www.econbiz.de/10012498110
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011497793
The financial sector in advanced economies has undergone significant evolution driven by restructuring, globalization, and the digital revolution, which have profoundly shaped its developmental dynamics. This study investigates the forces behind the growth and convergence of the financial sector...
Persistent link: https://www.econbiz.de/10014339316
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10010318983
relationship between firm-level innovation, entry and exit on the one hand, and productivity and growth on the other. Aghion has …
Persistent link: https://www.econbiz.de/10012953364