Showing 1 - 7 of 7
Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …, and particle physics. We develop a combinatorial-based knowledge production function and embed it in the classic Jones …. This production function is a generalization (and reinterpretation) of the Romer/Jones knowledge production function …
Persistent link: https://www.econbiz.de/10012453175
Online contract labor globalizes traditionally local labor markets, with platforms that enable employers, most of whom are in high-income countries, to more easily outsource tasks to contractors, primarily located in low-income countries. This market is growing rapidly; we provide descriptive...
Persistent link: https://www.econbiz.de/10012459138
location, which has been taken as evidence of geographically localized knowledge spillovers. In this study, we find that patent … in question, which we interpret as evidence of a significant role played by social capital in promoting knowledge … find strong evidence in support of the enduring social capital hypothesis; social ties that facilitate knowledge transfer …
Persistent link: https://www.econbiz.de/10012468747
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain … increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge …
Persistent link: https://www.econbiz.de/10012458968
We model a key step in the innovation process, hypothesis generation, as the making of predictions over a vast …, they use artificial intelligence (AI) instead. We model innovation as resulting from sequential search over a combinatorial … innovation outcomes of interest - the probability of innovation, expected search duration, and expected profit. We describe …
Persistent link: https://www.econbiz.de/10014337792
The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its … innovators depends in turn on their access to technological knowledge. The emigration of highly skilled individuals weakens local … knowledge networks (brain drain), but may also help remaining innovators access valuable knowledge accumulated abroad (brain …
Persistent link: https://www.econbiz.de/10012464057
The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such … are less creative but still important for innovation, namely mundane, execution-oriented tasks. First, we document the …, we report timing and project type evidence consistent with the causal interpretation that slack time drives innovation …
Persistent link: https://www.econbiz.de/10012457532