Showing 1 - 10 of 12
Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …
Persistent link: https://www.econbiz.de/10008680983
formulating an effective policy to promote innovation in green chemical technology. …
Persistent link: https://www.econbiz.de/10011201263
This paper builds up an endogenous growth model à la Aghion and Howitt (1992) and Boucekkine et al (2005). We assume that R&D firms use only investment good as input, instead of final good as hypothesized in the above two models. We show that investment price will be a negative function of...
Persistent link: https://www.econbiz.de/10011109678
The New Keynesian Real Business Cycle model with staggered price adjustment is augmented with a R&D producing sector. Two sources of economic shocks are considered, namely random paritcipation (perturbances to value of alternative investment opportunities in another sector) and financial...
Persistent link: https://www.econbiz.de/10011113400
of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which … (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and …
Persistent link: https://www.econbiz.de/10008876897
This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF's multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic...
Persistent link: https://www.econbiz.de/10005837543
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added...
Persistent link: https://www.econbiz.de/10011256507
This discussion paper resulted in the article <I>Journal of Economic Education</I> (2008), 39(4), 357-373.<P> This paper describes a classroom experiment that illustrates the research and development investment incentives facing firms when technological spillovers are present. The game involves two stages...</p></i>
Persistent link: https://www.econbiz.de/10011256994
We develop a model of strategic networks that captures two distinctive features of interfirm collaboration: bilateral agreements and nonexclusive relationships. Our analysis highlights the relationship between market competition, firms' incentives to invest in R&D, and the architecture of...
Persistent link: https://www.econbiz.de/10011257110
In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit’, increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that … 600 Russian industrial enterprises the authors analyze key features of innovation in Russian companies under economic …
Persistent link: https://www.econbiz.de/10011257968