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Waiting for Technology : Path Dependence as a Random Walk

Bessen, James E. - 1999

The role of historical accident in technology selection has been difficult to measure. This paper develops a quantifiable model for a basic and widely applicable form of path dependence: the random walk. This real options model is applied to the transition in British cotton spinning at the...

Persistent link: https://www.econbiz.de/10014178008

From Adoption to Innovation : The Dynamics of Indian Knowledge Firms’ Technology Learning

Banik, Arindam - 2013

It is critical that technology recipients have the prerequisite knowledge and scientific base to best exploit the information. This includes domestic private and public research laboratories and universities, in addition to a sound basis of technical skills and human capital. Each of these may...

Persistent link: https://www.econbiz.de/10014157538

Appropriate Technology, Human Capital and Development Accounting

Chanda, Areendam; Farkas, Beatrice - 2012

Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...

Persistent link: https://www.econbiz.de/10014166462

Chapter 11. Technological change and the Environment

Jaffe, Adam B.; Newell, Richard G.; Stavins, Robert N. - In: Handbook of environmental economics : volume 1, …, (pp. 461-516). 2003

Environmental policy discussions increasingly focus on issues related to technological change. This is partly because the environmental consequences of social activity are frequently affected by the rate and direction of technological change, and partly because environmental policy interventions...

Persistent link: https://www.econbiz.de/10014023934

The Impact of Technological Innovation on Bank Performance

El-Chaarani, Hani; El-Abiad, Zouhour - 2021

This study examines the impact of technological innovation factors on the performance of Lebanese banks during an eight … performance level. The technological innovation factors include internet banking, mobile banking, automated teller machines and … has positive impact on the performance of Lebanese banks. The results also reveal non-significant impact of mobile banking …

Persistent link: https://www.econbiz.de/10013228083

US inflation reduction act demands quick strategic action from the EU

Bernoth, Kerstin; Meyer, Josefin - In: DIW weekly report : economy, politics, science : a … 13 (2023) 6, pp. 54-60

In August 2022, the US Congress passed the Inflation Reduction Act (IRA), a comprehensive piece of legislation aiming to stimulate the US economy and to increase its resilience. At an estimated 430 billion euros, it is a massive government investment and spending program in the welfare state,...

Persistent link: https://www.econbiz.de/10013549951

Cognitive and institutional perspectives of eco effiency : a new research landscape towards factor four (or more)

Bleischwitz, Raimund - 2002

The paper sketches out a theoretical framework for analysing the interplay between eco-efficiency, cognition and institutions. It derives from analytical shortfalls of the prevailing literature, which features strongly engineering and business economics, by using insights from New Institutional...

Persistent link: https://www.econbiz.de/10010493769

Digital technologies and "value" capture in global value chains : empirical evidence from Indian manufacturing firms

Banga, Karishma - 2019

This paper examines whether digitalization can be a driver of "upgrading" in global value chains and help developing countries move into higher value-added activities. In particular, the paper provides empirical evidence on the impact of digital capabilities on product upgrading in Indian...

Persistent link: https://www.econbiz.de/10012008263

The Technological Revolution in Financial Services : Introduction

King, Michael R. - 2019

The financial industry is being transformed by a combination of structural forces: heightened regulation, technological disruption, and changing demographics. These forces are lowering barriers to entry and increasing competition from within and outside the industry. A diversity of new entrants...

Persistent link: https://www.econbiz.de/10012862441

Overhead Labour and Skill-Biased Technological Change : The Role of Product Diversification

Nam, Choong Hyun - 2019

This paper tries to explain why a certain type of technology is skill-biased. In contrast with existing literature, this paper regards skilled workers as overhead labour, and presents a model wherein skilled workers constitute a fixed input, required to produce a new product. The demand for...

Persistent link: https://www.econbiz.de/10012889083