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A common assumption in the Schumpeterian growth literature is that the innovation size is constant and identical across industries. This is in contrast with the empirical evidence which shows that: (i) the innovation size is far from being identical across industries; and (ii) the size...
Persistent link: https://www.econbiz.de/10005789914
This paper constructs a two-country (Home and Foreign) general equilibrium model of Schumpeterian growth without scale effects. The scale effects property is removed by introducing two distinct specifications in the knowledge production function: the permanent effect on growth (PEG)...
Persistent link: https://www.econbiz.de/10005623267
General purpose technologies (GPTs) are drastic innovations, such as electrification, the transistor, and the Internet, that are characterized by the pervasiveness in use, innovational complementarities, and technological dynamism. The model develops a two-country (Home and Foreign) dynamic...
Persistent link: https://www.econbiz.de/10005617102
This paper constructs a two-country (Home and Foreign) general equilibrium model of Schumpeterian growth without scale effects. The scale effects property is removed by introducing a distinct specification in the knowledge production function which generates semi-endogenous growth. In this model...
Persistent link: https://www.econbiz.de/10005836293
Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth...
Persistent link: https://www.econbiz.de/10008565433
The aim of this paper is to investigate the relationship between market power, governance and patenting activity in a … quality is related positively with patenting activity in the full sample and in samples of countries with higher …
Persistent link: https://www.econbiz.de/10011107914
effect on company innovation on entering the crisis, but increased university innovation. Overall, however, company patenting … was more robust than university patenting, despite the out-performance being masked by respective portfolio …
Persistent link: https://www.econbiz.de/10011110250
paper, we reevaluate this relationship by using novel new data. We demonstrate that the relationship between patenting and … previously reported. While measures of patenting remain important in predicting the arrival of product introductions, the most …
Persistent link: https://www.econbiz.de/10005790197
We present Turkey’s manufacturing-sector innovation data and, for the first time, analyze likely relationships among GDP growth, sectoral innovation intensities, energy consumptions, and energy-saving potentials. We detect a power-law-like relationship between the projected energy-saving...
Persistent link: https://www.econbiz.de/10004976976
This paper examines the effects of uncertainty and flexible labour contracts on the Research and Development (R&D) expenditure. Using a panel of Italian manufacturing firms, we find a hump-shaped relationship between workforce flexibility and R&D outlays. Moreover, as predicted by the real...
Persistent link: https://www.econbiz.de/10011107303