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specific needs of targeted markets. All these developments are leading to the globalization of innovation. Based on recent … reference model for chances and challenges of global innovation activities. …
Persistent link: https://www.econbiz.de/10010308112
The Pharmaceutical industry is one of the most intensive sectors in scientific and technological research. Its innovative ability contributes to highly improve in the treatment of illnesses and has an important impact in other industry sectors. For all this reasons it becomes a strategic sector...
Persistent link: https://www.econbiz.de/10010280472
hamper innovation and growth. Increasing the supply of R&D skills will expand an economy's innovative capacity. A …&D-based innovation. Both innovative and absorptive capacity expansions contribute to higher growth and welfare. …
Persistent link: https://www.econbiz.de/10011968464
Research and innovation are widely agreed to be major driving forces behind long-term productivity and economic growth … the impact of publically financed R&D on productivity. The conclusions have implications for government innovation …
Persistent link: https://www.econbiz.de/10012034780
Workers have different abilities in research, development and innovation (R&D&I) activities. Firms have different … “prospects for innovation”. Innovation is facilitated by matching innovators, i.e. workers that are specialized in R&D&I to firms … with good prospects for innovation. Aggregate productivity growth requires that firms with the best prospects for …
Persistent link: https://www.econbiz.de/10012037668
The investigation of the determinants of economic growth plays an important role forour understanding of the sources of cross-country income differences. This paper analyzesthe effects of institutions and innovations on country productivity growth. The empiricalevidence shows that institutions...
Persistent link: https://www.econbiz.de/10010312133
The paper examines implications of endogenous growth theory on the relationship between firm productivity, innovation … as well as productivity growth by combining infirmation on firm-level innovation (CIS) with accounting data for a large … endogeneity of innovation (Crä¿»on-Duguet- Mairesse - CDM - approach) and idiosyncratic firm characteristics (matching and average …
Persistent link: https://www.econbiz.de/10010313292
Using firm-level innovation data for a large sample of Slovenian firms in the period 1996-2002, the paper finds … surprising results that innovation is not benefitting all firms. We find that only manufacturing firms with below average … productivity growth (the lowest four deciles) are likely to experience significant benefits from successful innovation, while …
Persistent link: https://www.econbiz.de/10010313335
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/10010315207
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two important historical stylized facts: First, from the beginning of mankind until today GPTs are arriving at an increasing frequency and, second, all GPTs heavily depended on previous...
Persistent link: https://www.econbiz.de/10011753212