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We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...
Persistent link: https://www.econbiz.de/10011409970
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
The purpose of this paper is to participate in the discussion of the effects of outward FDI in R&D on the home country. The main possible threat for home economies is the relocation of R&D activities to foreign regions and, as a result, the loss of technological capacity. This study contributes...
Persistent link: https://www.econbiz.de/10005835563
Innovation plays a central role in economic development, at regional and national level. In the competitive environment companies are obliged to produce more rapidly, more effectively and more efficiently in new product development which is a result of research and development (R&D) activities....
Persistent link: https://www.econbiz.de/10008753054
The year of 2017 can be described as a year of making plans, rather than assessing outputs, in the Russian scientific and technological sector. Preference was given to the development of a plan for the implementation of Scientific and Technological Development Strategy of the Russian Federation,...
Persistent link: https://www.econbiz.de/10012914847
The main topic related to science in the previous year was the National Project (NP) “Science” and federal projects implemented under its framework. Considering the speed of budget funds allocation, NP “Science” was one of the most dynamic one among projects of similar status. The...
Persistent link: https://www.econbiz.de/10012823731
In this paper, I examined how the People's Republic of China (PRC) and India, two largest transitional economies in Asia, have engaged in improving their innovation capability in the economic transition. First, I measured and compared innovation capability of both countries by using not only...
Persistent link: https://www.econbiz.de/10011797407
This paper provides an empirical test of Cohen and Levinthal’s (1990) hypothesis that undertaking R&D and collaborating with external networks together enhance the probability that firms engage in product and process innovation. Following Doran, Jordan and O’Leary (2013) we test this...
Persistent link: https://www.econbiz.de/10011259958
This paper employs a new global panel data set on innovation related variables to examine patterns of R&D investment across the development process. We find that R&D effort measured as a share of GDP rises with development at an increasing rate, but that several countries have experienced...
Persistent link: https://www.econbiz.de/10005129799
Based on a standard idea-based model of endogenous growth we test the hypothesis that regional innovative activity is path-dependent, and investigate the geographical scope of knowledge spillovers. Using data for West-German regions, two alternative indicators of the stock of knowledge are...
Persistent link: https://www.econbiz.de/10011477128