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Parente, Stephen L.; Prescott, Edward C. - 2021

technologies. The structure is calibrated to the U.S. and postwar Japan growth experiences. Using this calibrated structure we …

Persistent link: https://www.econbiz.de/10013240329

Policy, Technology Adoption, and Growth

Easterly, William; King, Robert G.; Levine, Ross; … - 2021

This paper describes a simple model of technology adoption which combines the two engines of growth emphasized in the recent growth literature: human capital accumulation and technological progress. Our model economy does not create new technologies, it simply adopts those that have been created...

Persistent link: https://www.econbiz.de/10013232907

The U.S. Patent System in Transition : Policy Innovation and the Innovation Process

Jaffe, Adam B. - 2021

This paper surveys the major changes in patent policy and practice that have occurred in the last two decades in the U.S., and reviews the existing analyses by economists that attempt to measure the impacts these changes have had on the processes of technological change. It also reviews the...

Persistent link: https://www.econbiz.de/10013226916

Entice : Endogenous Technological Change in the Dice Model of Global Warming

Popp, David - 2021

Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of environmental policy treat technology as exogenous. For long-term problems such as climate change, this omission can be significant. In this paper, I modify the DICE model of...

Persistent link: https://www.econbiz.de/10013243611

Entice-Br : The Effects of Backstop Technology R&D on Climate Policy Models

Popp, David - 2021

Recent attempts to endogenize technology in climate policy models have produced mixed results. Models including alternative technologies find large gains from induced technological change. However, technological progress in these models comes through learning-by-doing, which ignores the...

Persistent link: https://www.econbiz.de/10013216875

Capturing Technological Opportunity Via Japan'S Star Scientists : Evidence from Japanese Firms' Biotech Patents and Products

Zucker, Lynne G.; Darby, Michael R. - 2021

Using detailed data on biotechnology in Japan, we find that identifiable collaborations" between particular university … incentives motivating their participation in" technology transfer. In Japan, the legal and institutional context implies that …" in the firm's labs. As a result, star collaborations in Japan are less localized around their research" universities so …

Persistent link: https://www.econbiz.de/10013227202

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012948079

Ideas and Education : Level or Growth Effects?

Dowrick, Steve - 2021

This paper examines theory and evidence from recent studies into the contributions to economic growth of expenditure on education and on research and development. Investment in human capital has fundamentally different economic attributes to physical investment - exhibiting complementarity,...

Persistent link: https://www.econbiz.de/10013219680

Digital Dark Matter and the Economic Contribution of Apache

Greenstein, Shane M. - 2014

Researchers have long hypothesized that spillovers from government, university, and private company R&D contribute to economic growth, but these contributions may be difficult to measure when they take a non-pecuniary form. The growth of networking devices and the Internet in the 1990s and 2000s...

Persistent link: https://www.econbiz.de/10013062615

From Imitation to Innovation : Where is All that Chinese R&D Going?

König, Michael D.; Song, Zheng (Michael); … - 2022

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

Persistent link: https://www.econbiz.de/10013309719