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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/10005762377
economies and, in light of the predictions of endogenous growth models, suggests that technological innovation is the only way … of innovation policies by studying a broad set of Science and Technology (S&T) indicators for the BICs, trying in this …
Persistent link: https://www.econbiz.de/10010969074
liberalisation; strengthening competition in markets for goods and services; education, research and innovation. Progress is also …’éducation, la recherche et l’innovation. Des progrès sont également requis dans d’autres domaines, notamment pour promouvoir des …
Persistent link: https://www.econbiz.de/10011277005
innovation in developing economies. The results of simultaneous-equations analysis reveal that there exist reciprocal … relationships between the two; however, in opposing directions. While increasing innovation attracts more foreign direct investment …, more inward FDI reduces innovation. Indigenous innovation is increased mainly through improvements in absorptive capacity …
Persistent link: https://www.econbiz.de/10010795449
In this paper we present a vision for the course Europe should take in its research and higher education policies in order to fully live up to the expectations of its citizens to provide a safe, comfortable, affluent and sustainable environment in this period of considerable financial restraint...
Persistent link: https://www.econbiz.de/10010856336
Regional development and innovation are vital processes for social and economic growth of Europe. In the current period … depends on its ability of innovation in products, services and commercial and social processes. This is the reason why … innovation has been placed at the heart of Europe Strategy 2020. Furthermore, health, energy supply, major climate changes …
Persistent link: https://www.econbiz.de/10011067083
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/10005124380
Enhancing growth through more innovation has become a priority for Austrian policy makers in line with European … policies as laid down in the Lisbon Agenda. This paper discusses Austria’s innovation performance, its innovation policies, and … general framework conditions for innovation and growth. Austria has increased its R&D spending as a share of GDP over the last …
Persistent link: https://www.econbiz.de/10005046216
In view of the increasing importance of private research in the Czech economy and elsewhere in Europe, this paper attempts to quantify the effect of private R&D on economic growth by applying a Computable General Equilibrium (CGE) model which incorporates the effects of capital varieties...
Persistent link: https://www.econbiz.de/10010686521
, while regional innovation and competitiveness have only recently begun to attract interest. In this context we aim at …
Persistent link: https://www.econbiz.de/10010888115