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knowledge. Three long-term outcomes emerge. First, a "Secularization" or "Western-European" regime with declining religiosity …, unimpeded science, a passive Church and high levels of taxes and transfers. Second, a "Theocratic" regime with knowledge …
Persistent link: https://www.econbiz.de/10011262883
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …
Persistent link: https://www.econbiz.de/10005791875
, emphasizes knowledge as an economic object and, more generally, the economics of intellectual property rights. This paper argues …
Persistent link: https://www.econbiz.de/10005497933
The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …
Persistent link: https://www.econbiz.de/10005504210
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10005067419
mechanism, we develop a theory of an economy where firms with heterogeneous demands use labor and knowledge to produce …. Entrepreneurs decide the number of layers of management and the knowledge and span of control of each agent. As a result, in the …
Persistent link: https://www.econbiz.de/10009246600
surplus from his production. At any time, the novice can leave the relationship with his acquired knowledge and produce on his … structured as an apprenticeship, in which all production generated during training is used to compensate the expert. Knowledge … transfer takes a simple form. In the first period, the expert gifts the novice a positive level of knowledge, which is …
Persistent link: https://www.econbiz.de/10011084551
proportion of knowledge workers in employment, depending on the response of the overall demand for knowledge to the implied … reduction in the cost of acquiring it. In my model, knowledge (in a broad sense) is an input into the production function of … knowledge input in the production of human capital. An improvement in IT is modelled as an increase in the number of people who …
Persistent link: https://www.econbiz.de/10005791349
. Improved, more extensive cross-country data; 3. A heightened need, driven by real-world topicality, for understanding the role … of knowledge and technology in economic growth. …
Persistent link: https://www.econbiz.de/10005792232
This Paper develops a model of economic growth and activity locating endogenously on a 3-dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete...
Persistent link: https://www.econbiz.de/10005136721