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their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
"Learning-by-doing" is usually identified as a process whereby performance increases with experience in production. The paper investigates different patterns of "learning by doing", studying learning curves at product level. Cost-quantity relationships differ a lot across products belonging to...
Persistent link: https://www.econbiz.de/10011489996
Wages and productivity represent two of the most relevant variables to consider in economic development. Given the low productivity levels that emerging countries reveal, the accumulation of productive capabilities and a narrower dispersion across sectors would enable emerging countries to...
Persistent link: https://www.econbiz.de/10013465158
Innovation, and more specifically national similarities in relation to (a) trade and economic size and (b) sectoral … ; National Systems of Innovation ; Complementarity public and private R&D ; Spatial interactions ; EU countries ; spatial dynamic …
Persistent link: https://www.econbiz.de/10009580544
forthcoming Manual, The Foundations of Complex Evolving Economies. Part One: Innovation, Organization and Industrial Dynamics … returns. As summarized in this essays Part One of the Manual addresses in the foregoing perspective, (i) Innovation and … reader is warned against multiple risks of ''normalization'' by which 'evolution' is reduced to sheer 'innovation', and the …
Persistent link: https://www.econbiz.de/10013402021
In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …
Persistent link: https://www.econbiz.de/10011420637
Innovation is one of the usual suspects in defining differences in performance among firms, according to a strong and … to elaborate appropriate innovation policies. Our study explores the diversity of innovation patterns among Norwegian … firms included in the 2018 Community innovation survey (CIS2018). By applying factor analysis on a wide array of survey …
Persistent link: https://www.econbiz.de/10012695099
of growth. Second, we provide an overview of the literature on sectoral innovation patterns as well as of recent evidence … final part we present productivity decompositions using a sectoral innovation taxonomy to study the contribution of … different groups of activities characterized by heterogeneous innovation patterns. Our results suggest that structural change …
Persistent link: https://www.econbiz.de/10012020146
In this work we discuss the main building blocks, achievements and challenges of an evolutionary interpretation of the relation between mechanisms of coordination and drivers of change in modern economies, seen as complex evolving systems. It is an evident stylised fact of modern economic...
Persistent link: https://www.econbiz.de/10011565231
Persistent link: https://www.econbiz.de/10003376138