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Persistent link: https://www.econbiz.de/10009489613
We analyze recent contributions to growth theory based on the model of expanding variety of Romer [Romer, P. (1990). “Endogenous technological change”. Journal of Political Economy 98, 71–102]. In the first part, we present different versions of the benchmark linear model with imperfect...
Persistent link: https://www.econbiz.de/10014023784
This paper provides new evidence on the relationship between innovation, competition and distance to the technology frontier, using enterprise surveys from 40 developing and transition countries. Different from previous empirical studies, the distance to frontier is measured by a firm's...
Persistent link: https://www.econbiz.de/10013141333
concerning the nature and structure of technological knowledge, the sources of novel opportunities, the dynamics through which … diffusion affect growth and survival probabilities of heterogeneous firms. The processes of knowledge accumulation and diffusion … cycles influence the patterns of industrial organization—including size distributions, degrees of concentration, relative …
Persistent link: https://www.econbiz.de/10014025173
the peculiarities of knowledge as a public good. In this paper we aim at studying more deeply the latter concern. Hence we … description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in …; conversely, transition dynamics and the capital to knowledge ratio are affected by the choice of the policy parameter. We then …
Persistent link: https://www.econbiz.de/10013020858
revolution through entrepreneurs’ role for the accumulation of useful knowledge. While learning-by-doing in agriculture …
Persistent link: https://www.econbiz.de/10010398784
knowledge at all times in a serendipitous way, the industrial revolution is an inevitable outcome. The paper characterizes the …
Persistent link: https://www.econbiz.de/10010472600
-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard … Schumpeterian growth model by introducing explicitly knowledge diffusion over a Salop (1979) circle: a continuum of sectors … simultaneously sending and receiving knowledge is located over the circle. The link between knowledge diffusion and scale effects …
Persistent link: https://www.econbiz.de/10011515411
; Long Waves ; Business Cycles ; Dominant design ; Pervasiveness of technologies ; Neo-Schumpeterian economics …
Persistent link: https://www.econbiz.de/10009625651
(lower) resource income, lower (higher) employment in the resource-intensive sector, higher (lower) knowledge creation and …
Persistent link: https://www.econbiz.de/10008746491