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Global technology cycles and local economic performance
Heinrich, Sebastian; Sarferaz, Samad; Wörter, Martin - 2023
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
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Structural development accounting
Gancia, Gino Alessandro; Müller, Andreas; Zilibotti, … - 2011
We construct and estimate a unified model combining three of the main sources of cross-country income disparities: differences in factor endowments, barriers to technology adoption and the inappropriateness of frontier technologies to local conditions. The key components are different types of...
Persistent link: https://www.econbiz.de/10009739171
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A global decline in research productivity? : evidence from China and Germany
Boeing, Philipp; Hünermund, Paul - 2020
In a recent paper, Bloom et al. (2020) find evidence for a substantial decline in research productivity in the U.S. economy during the last 40 years. In this paper, we replicate their findings for China and Germany, using detailed firm-level data spanning three decades. Our results indicate that...
Persistent link: https://www.econbiz.de/10012239797
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Innovation and employment in patenting firms : empirical evidence from Europe
Van Roy, Vincent; Vertesy, Daniel; Vivarelli, Marco - 2015
This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …, this positive impact of innovation is statistically significant only for firms in the high-tech manufacturing sectors …
Persistent link: https://www.econbiz.de/10011288522
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The past and future of work : how history can inform the age of automation
Schneider, Benjamin; Vipond, Hillary - 2023
Debates about the future of work frequently reference past instances of transformative innovation to preface analysis … overview of the current debates around the potential effects of impending labor-replacing innovation. We then summarize …
Persistent link: https://www.econbiz.de/10014430719
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The economic cycle and the innovation activity of the Polish Industry System
Świadek, Arkadiusz - 2014
attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …
Persistent link: https://www.econbiz.de/10012002317
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Artificial intelligence, jobs, inequality and productivity : does aggregate demand matter?
Gries, Thomas; Naudé, Wim - 2018
Rapid technological progress in artificial intelligence (AI) has been predicted to lead to mass unemployment, rising inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i) surveying the recent literature and (ii)...
Persistent link: https://www.econbiz.de/10011951702
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The race against the robots and the fallacy of the giant cheesecake : immediate and imagined impacts of artificial intelligence
Naudé, Wim - 2019
After a number of AI-winters, AI is back with a boom. There are concerns that it will disrupt society. The immediate concern is whether labor can win a 'race against the robots' and the longer-term concern is whether an artificial general intelligence (super-intelligence) can be controlled. This...
Persistent link: https://www.econbiz.de/10011993083
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New insights on EU-US comparison of corporate R&D
Moncada Paternò Castello, Pietro - 2010
Policy-makers have become increasingly aware that corporate R&D and innovation are the main drivers of an economy … concludes that policy measures to stimulate corporate R&D and innovation activities should be expressly conceived according to …
Persistent link: https://www.econbiz.de/10011980250
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OK Computer : the creation and integration of AI in Europe
Buarque, Bernardo S.; Davies, Ronald B.; Kogler, Dieter F. - 2019
innovation landscape are also those where the number of AI patents is largest. This suggests that to increase AI innovation it …
Persistent link: https://www.econbiz.de/10012012944