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It is well known that research and development (R&D) is an important engine for economic growth. Also, initial wealth inequality and subsequent economic growth are well known to be related. This paper links inequality and R&D-driven growth. It shows that in a class of economies where R&D is the...
Persistent link: https://www.econbiz.de/10005811740
Using newly collected national and sub-national data, and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10011396096
The paper argues that there is a greater commonality of approach between the National Innovation Systems approach and mainstream economic analysis than is often asserted, and that a better dialogue between the two could strengthen both perspectives. To this end, the paper uses an off-the-shelf...
Persistent link: https://www.econbiz.de/10012245639
There is a common perception that low productivity or low growth is due to what can be called an `innovation shortfall,` usually identified as a low rate of investment in research and development (RD) compared with some high-innovation countries. The usual reaction to this perceived problem is...
Persistent link: https://www.econbiz.de/10010327177
There is a common perception that low productivity or low growth is due to what can be called an innovation shortfall, usually identified as a low rate of investment in research and development (R&D) compared with some high-innovation countries. The usual reaction to this perceived problem is to...
Persistent link: https://www.econbiz.de/10010944184
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This paper offers the first evidence on the prevalence of a central actor in modern growth theory?the engineer. Using newly collected sub-national, and international data as well as historical case studies, it then argues that differences in innovative capacity, captured by the density of...
Persistent link: https://www.econbiz.de/10012973384