Showing 1 - 10 of 89
The growth process for a technological leader is different from that of a follower. While followers can grow through imitation and capital deepening, a leader must undertake original research. This suggests that as the gap between the leader and the follower narrows, the follower must undertake...
Persistent link: https://www.econbiz.de/10010604936
The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4 th or 5 th centuries CE, and then chiefly in the West, which was then experiencing not only a rapid decline in the supply of slaves, but also widespread...
Persistent link: https://www.econbiz.de/10005704737
property, innovation and diffusion in emerging countries.  It applies this literature to the Indian case.  India  is a … third section the focus turns to recent science, technology and innovation policy in India.  A study of the country …'s potential for innovation by the World Bank in 2007 argued that India must proceed on two fronts.  In addition to considering how …
Persistent link: https://www.econbiz.de/10011004399
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10005090691
New indications of managerial innovations are created and then used to show that changes in organizational technologies are an important source of economic growth. Specifically, the analysis demonstrates that, first, in response to a positive managerial technology shock, output, productivity and...
Persistent link: https://www.econbiz.de/10008553220
What is the impact of modern transportation technology on long-run economic change in poor countries with high trade costs?  Rail construction in colonial Sub-Saharan Africa provides a natural experiment: 90% of African rail-road lines were built before independence, in a context where...
Persistent link: https://www.econbiz.de/10011159004
Expansion in mobile phone coverage has improved access to information throughout the developing world, particularly within sub-Saharan Africa.  The existing evidence suggests that information technology has improved market efficiency and reduced consumer prices for certain commodities.  There...
Persistent link: https://www.econbiz.de/10011159024
We report the short-term results from a randomized evaluation of a mobile phone literacy and numeracy program (Project ABC) in Niger, in which adult literacy students learned how to use mobile phones as part of a literacy and numeracy class.  Students in ABC villages showed substantial gains in...
Persistent link: https://www.econbiz.de/10011004442
This paper builds a dynamic stochastic general equilibrium (DSGE) model of endogenous growth that is capable of generating substantial degrees of endogenous persistence in productivity.  When products go out of patent protection, the rush of entry into their production destroys incentives for...
Persistent link: https://www.econbiz.de/10008725684
productivity growth both directly, reflecting own innovation, and indirectly, reflecting imitation of frontier technology.  Further …
Persistent link: https://www.econbiz.de/10011004195