Showing 1 - 10 of 18
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005762377
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10005703394
capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10011265664
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10008680898
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10005822371
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …
Persistent link: https://www.econbiz.de/10005822686
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …
Persistent link: https://www.econbiz.de/10009003950
research would be helpful. Universities can contribute to recreating hope and optimism through more innovation in the economy. …
Persistent link: https://www.econbiz.de/10010556213
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10010670827
individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …
Persistent link: https://www.econbiz.de/10011265295