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Back to Basics: Basic Research Spillovers, Innovation Policy and Growth
Akcigit, Ufuk; Hanley, Douglas; Serrano-Velarde, Nicolas - Department of Economics, University of Pennsylvania - 2013
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010692367
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Growth through heterogeneous innovations
Akcigit, Ufuk; Kerr, William R. - Suomen Pankki - 2013
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010818983
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Growth Through Heterogeneous Innovations
Akcigit, Ufuk; Kerr, William R. - Census Bureau, Department of Commerce - 2012
framework that contains multiple innovation sizes, multiproduct firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10010553118
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Back to Basics: Basic Research Spillovers, Innovation Policy and Growth
Hanley, Douglas; Akcigit, Ufuk; Serrano-Velarde, Nicolas - Department of Economics, University of Pittsburgh - 2014
This paper introduces a model of endogenous growth through basic and applied research. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel way of empirically identifying these spillovers and embed them in a general...
Persistent link: https://www.econbiz.de/10010929532