Showing 1 - 10 of 12
Intangible knowledge capital (IKC) – technology produced by workers but not embodied in them – can offset the "middle … income trap" as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …
Persistent link: https://www.econbiz.de/10010721628
Intangible knowledge capital (IKC) - technology produced by workers but not embodied in them - can offset the middle … income trap as China exhausts the benefits of international technology transfer. IKC is productivity-enhancing among Chinese …
Persistent link: https://www.econbiz.de/10010329064
This paper investigates the interplay between social capital, innovation and per capita income growth in the European … Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels …. In an empirical investigation of 102 European regions in the period 1990-2002, we show that higher innovation performance …
Persistent link: https://www.econbiz.de/10010277206
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …
Persistent link: https://www.econbiz.de/10009003950
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10010670827
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regional …
Persistent link: https://www.econbiz.de/10010278447
We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....
Persistent link: https://www.econbiz.de/10010319500
that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012270114
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013426454