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This paper studies the effect of innovation uncertainty on the concomitant time path of firm valuations, technology adoption and growth in a setting which incorporates positive network externalities. The resulting stock market bubble, induced by uncertainty and accelerated by the externality...
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This paper studies the impact of the early adoption of one of the most important high-technology machines in history, the public mechanical clock, on long-run growth in Europe. We avoid endo-geneity by considering the relationship between the adoption of clocks with an instrument based on the...
Persistent link: https://www.econbiz.de/10012023941
In recent years, enormous changes are noted worldwide when broad adoption of new Information and Communication Technologies (ICTs). These unique technologies – often perceived as economic development incentives – have a great ability to spread at high pace and low cost in world countries,...
Persistent link: https://www.econbiz.de/10011801822
This paper empirically investigates the role of mobile technology adoption on inclusive growth in 15 West African countries with a view to ascertaining if the positive role of mobile technology adoption on human development as established in other regions holds in West Africa. It used data from...
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This study aims to examine digital technology adoption and globalization innovation implications on green sustainable economic growth on Asian Pacific selected countries (Malaysia, Indonesia, Singapore, Philippines, Thailand, Japan, India, Korea, China, New Zealand, Australia) via integrating...
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