This paper shows the importance of technological synergies among heterogeneous firms for aggregate fluctuations. First, we document six novel empirical facts using microdata that suggest the existence of important technological synergies between trading firms, the presence of positive...

Motivated by the recent reversal in labor productivity growth, this paper is analyzing the relationship between R&D expenditures and productivity. Time series data of the German manufacturing industry is used to estimate a variable cost function, with the stock of knowledge being modeled as a...

Current systems design and decision management methodologies can be single-sided, ignoring or failing to capture the dynamic interplay between multi-stakeholder preferences ('what they want') and system performances ('what they can'). In addition, these methodologies often contain fundamental...

In the current era, technological advancement has completely changed many facets of our daily lives, such as the workplace, where modern-day companies are compelled to take proactive actions. Employees face the same challenges by shifting their practices from conventional to more innovative...