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international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …
Persistent link: https://www.econbiz.de/10014023784
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
We explore the potential roles of industrial policy in the transition from middle-income to high-income status, and the actual experience of industrial policy in emerging economies. Guided by the conceptual framework of the neo-Schumpeterian approach, we look at industrial policy in the context...
Persistent link: https://www.econbiz.de/10011802103
Economic development, which refers to the process of progressive transformation of an economy, is a multifaceted term without a universal definition. This article presents the constitutive elements of economic development, such as growth, distribution, and innovation. Economic development has...
Persistent link: https://www.econbiz.de/10012849707
I develop a model for a small, open, technology-lagging economy that imports leading-edge knowledge from the technology leader by paying high-skilled researchers from the leading country their opportunity cost to train the lagging country's future high-skilled workers while adding to a local...
Persistent link: https://www.econbiz.de/10014068586
In this paper we use cross-state panel data to show that top income inequality is (at least partly) driven by innovation. We first establish a positive and significant correlation between various measures of innovativeness and top income inequality in cross-state panel regressions. Two distinct...
Persistent link: https://www.econbiz.de/10013021154
The productivity-enhancing effects of digitalisation have generated increased interest in the promotion of digital … technologies. This report provides different estimations for euro area countries of the impact of digital uptake on productivity at … firm level, showing that the adoption of digital technologies could lead to an increase in firms' productivity in the …
Persistent link: https://www.econbiz.de/10014479720
framework to the analysis of international technology diffusion, trade, cross-country productivity differences, financial …
Persistent link: https://www.econbiz.de/10012713370
Persistent link: https://www.econbiz.de/10013330752
While economic factors in directed technical and scientific change have been widely studied, the role of teacher-directed scientific change has received little attention. This paper studies teacher-directed scientific change for one of the largest changes in the direction of research, the...
Persistent link: https://www.econbiz.de/10015358947