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Innovation and technological progress are the key determinants of long-run economic growth and welfare. Therefore, an … important question is, how can public policy encourage more innovation? In this chapter, I review some of the empirical findings … from various recent studies on innovation and firm dynamics that can shed light on the design of innovation policy. The …
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in assessing the impact of R&D and innovation policies. Leading academics presented state-of-the-art macroeconomic models … in the area of economic growth and innovation. It follows a debate between academics and practitioners trying to figure … out the key elements of a macro model designed to evaluate innovation policies should include. …
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Scientific knowledge is crucial to opening up new possibilities for major technological advances. However, the role of science has not been regarded as important in the innovations leading to modern steelmaking. In addition, how did science begin to play an important role? Mokyr focuses on the...
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patterns of innovation-related activities, we examine the effects of factors both internal and external to the firm. Analyzing … CIS data, we find that external factors are more helpful in explaining innovation strategies than internal factors. Our … econometric model can quite adequately predict innovation strategies, implying that firm-specific factors might not dominate other …
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This study examines the impacts of national innovation systems (NIS) and economic complexity index (ECI) on economic …
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research institutes to act as innovation niche seeders for Southeast Asian economies, thereby compensating for the weakness of … era of digitalization, although at the expense of developing their own innovation niches. This study presents the urgency …
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