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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10011537553
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and … jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains … effective, the innovation strategy should be simplified, with a drastic reduction in the number of government agencies involved …
Persistent link: https://www.econbiz.de/10010231006
drive innovation. -- Entrepreneurship ; Development; Stages of Growth ; Globalization ; Innovation ; Index ; Knowledge …
Persistent link: https://www.econbiz.de/10003824122
-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with … innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal …
Persistent link: https://www.econbiz.de/10009007836
formation in terms of the types of strategy, organization, and finance that innovation requires, and emphasizes the …
Persistent link: https://www.econbiz.de/10009011705
Innovative entrepreneurship is considered an important pillar for economic development and has sparked a lively discussion in academia and practice alike. Oftentimes, however, the debate is not sufficiently grounded on solid empirical evidence. The academic literature is growing but very...
Persistent link: https://www.econbiz.de/10011531131
Persistent link: https://www.econbiz.de/10014548189
Persistent link: https://www.econbiz.de/10012012429