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The past and future of knowledge-based growth
Strulik, Holger; Prettner, Klaus; Fürnkranz-Prskawetz, … - 2012
-founded fertility and schooling behavior. The model explains the historical emergence of R&D-based growth and the subsequent emergence … suggested by conventional R&D-based growth theories. -- R&D ; declining population ; fertility ; schooling ; human capital. … growth - when fertility is going to be below replacement level in virtually all developed countries - are much better than …
Persistent link: https://www.econbiz.de/10009619095
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Knowledge and growth in the very long run
Strulik, Holger - 2010 - This version: October 2010
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10008906821
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Knowledge and growth in the very long run
Strulik, Holger - 2012 - This Version: November 2012
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10009665630
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Knowledge and growth in the very long-run
Strulik, Holger - 2009
This paper proposes a theory for the evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and knowledge spillovers creates a unified growth theory that explains a long epoch of (quasi-) stasis and an epoch of high growth linked by...
Persistent link: https://www.econbiz.de/10003817154
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Knowledge and Growth in the Very Long Run
Strulik, Holger - 2012
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10014163873
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Knowledge and Growth in the Very Long-Run
Strulik, Holger - 2012
This paper proposes a theory for the gradual evolution of knowledge diffusion and growth over the very long run. A feedback mechanism between capital accumulation and the ease of knowledge diffusion explains a long epoch of (quasi-) stasis and an epoch of high growth linked by a gradual economic...
Persistent link: https://www.econbiz.de/10014210334
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Mapping the Two Faces of R&D : Productivity Growth in a Panel of OECD Industries
Griffith, Rachel; Redding, Stephen J.; Van Reenen, John - 2015
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive capacity'). In this paper we document that there has...
Persistent link: https://www.econbiz.de/10014038646
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International R&D spillovers and productivity trends in the Asian miracle economies
Ang, James B.; Madsen, Jakob Brøchner - 2012
This paper examines the importance of the domestic R&D stock and foreign knowledge spillovers on total factor productivity for six Asian miracle economies over the period from 1955 to 2006. The productivity effects of international knowledge spillovers through the following channels are...
Persistent link: https://www.econbiz.de/10009553036
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Chapter 1. What Do We Learn From Schumpeterian Growth Theory?
Aghion, Philippe; Akcigit, Ufuk; Howitt, Peter - 2014
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10014025596
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Total factor productivity and the role of entrepreneurship
Erken, Hugo; Donselaar, Piet; Thurik, Adriaan R. - 2009 - Current version: May 2009
Total factor productivity of twenty OECD countries for a recent period (1971-2002) is explained using six different models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present paper it is shown that – when this variable is added...
Persistent link: https://www.econbiz.de/10011378136