In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains … from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research … and development, brands, and organization capital. What distinguishes technology capital from other forms of capital is …

We estimate the effects of technology investments on the demand for skilled workers using longitudinally integrated … unobservable components within each business for each year from 1992 to 1997. We measure technology using variables from the Annual … between advanced technology and skill in a cross-sectional analysis of businesses in both sectors. The more comprehensive …

technology was a major part of the government response. The U.S. Office of Scientific Research and Development (OSRD) led a major …

technological revolutions. In the model, the average productivity of a new technology is uncertain and subject to learning. During …

funds for financing such investments and they manage their cash flow to ensure this. Evidence shows that there are limits to …