Knowledge Spillovers and Economic Growth PDF Download
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Author: Marjolein C. J. Caniëls
Publisher: Edward Elgar Publishing
ISBN: 9781782543190
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
'. . . the book gives a valuable contribution to the understanding of the role of knowledge in the regional growth process, as the methodological approach is eclectic and stimulating. . . the book represents a stimulating contribution to the debate among economists, social scientists, and policymakers on the role of knowledge and knowledge spillovers on the future growth patterns of industrialised countries.' - Maurizio Baussola, The Economic Journal
Author: Marjolein C. J. Caniëls
Publisher: Edward Elgar Publishing
ISBN: 9781782543190
Category : Business & Economics
Languages : en
Pages : 336
Get Book Here
Book Description
'. . . the book gives a valuable contribution to the understanding of the role of knowledge in the regional growth process, as the methodological approach is eclectic and stimulating. . . the book represents a stimulating contribution to the debate among economists, social scientists, and policymakers on the role of knowledge and knowledge spillovers on the future growth patterns of industrialised countries.' - Maurizio Baussola, The Economic Journal
Author: André van Stel
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Anna Kathryn Cai
Publisher:
ISBN:
Category :
Languages : en
Pages : 190
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Book Description
Since the seminal work of Lucas (1988), uncompensated knowledge spillovers have been shown to play a critical role in the process of economic development. However, the standard Lucas model studies human capital accumulation in narrow settings with one industry and a closed-economy. This dissertation attempts to study the development process in richer settings. In particular, various types of spillovers are examined. Our work shows that intra-industry spillovers promote economic growth but inter-industry spillovers are more complex. Specifically, spillovers from human capital across sectors may lead to lower overall growth of consumption. In an open economy setting, the growth rates of human capital critically depend on variation across countries in educational productivity. In particular, if the growth rate of human capital is stronger abroad than domestically, human capital accumulation will decline at home. However, the magnitude of the problem depends on differences in regional external economies. In fact, such differences might actually cause the stock of human capital to decline over time. Our work also demonstrates that external economies from human capital have important implications for international trade, which provides additional linkages for economic activity across countries. Namely, increased spillovers at home will lead to a deterioration in the domestic terms of trade. Consequently, policies designed to affect the diffusion of knowledge will impact regional economic activity.
Author: Werner Smolny
Publisher: Springer Science & Business Media
ISBN: 3642576966
Category : Business & Economics
Languages : en
Pages : 283
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Book Description
The recent development of endogenous growth theories has renewed the in terest into the sources of productivity growth of the advanced industrialized economies. The basic advance of these models is that the evolution of tech nological progress is explained endogeneously within the economic model. The most important concept is the idea of endogenous, market-driven inno vations which are seen as the basic source of technological advances. Firms develop sophisticated production techniques and new products in order to reduce costs or to stimulate demand. Equally important is the concept of knowledge spillovers from innovation activities and scale economies associ ated with them. External effects drive a wedge between private and social re turns of innovation activities, and scale economies affect the market structure. In addition, each year's productivity increases exhibit an enormous social value. Therefore, the analysis of endogenous innovations, scale economies, and knowledge spillovers has important implications for economic policy which enhances the interest into empirical investigations of these issues. This book is a collection of theoretical and empirical work on this subject. It combines micro economic and macroeconomic issues; a special emphasis is placed on empirical applications. Much work has been devoted to the search and the preparation of appropriate data, and all models are estimated with panel data. The first two chapters take an aggregate view at the growth process.
Author: Rasmus Thönnessen
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Adriaan J. Stel
Publisher:
ISBN:
Category :
Languages : en
Pages : 29
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Book Description
Author: Dirk Dohse
Publisher:
ISBN:
Category : Communication of technical information
Languages : en
Pages : 40
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Book Description
Author: Zoltan J. Acs
Publisher: Springer Science & Business Media
ISBN: 3540248234
Category : Business & Economics
Languages : en
Pages : 389
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Book Description
Knowledge has in recent years become a key driver for growth of regions and nations. This volume empirically investigates the emergence of the knowledge economy in the late 20th century from a regional point of view. It first deals with the theoretical background for understanding the knowledge economy, with knowledge spillovers and development externalities. It then examines aspects of the relationship between knowledge inputs and innovative outputs in the information, computer and telecommunications sector (ICT) of the economy at the regional level. Case studies focusing on a wide variety of sectors, countries and regions finally illustrate important regional innovation issues.
Author: Andreas Pyka
Publisher: Springer Science & Business Media
ISBN: 3642158862
Category : Business & Economics
Languages : en
Pages : 293
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Book Description
This book discusses the influence of technological and institutional change on development and growth, the impact on innovation of labor markets, the spatial distribution of innovation dynamics, and the meaning of knowledge generation and knowledge diffusion processes for development policies. The individual articles demonstrate the powerful possibilities that emerge from the toolkit of evolutionary and Schumpeterian economics. The book shows that evolutionary economics can be applied to the multi-facetted phenomena of economic development, and that a strong orientation on knowledge and innovation is key to development, especially in less developed and emerging economies.
Author: Jordi Suriñach
Publisher: Edward Elgar Publishing
ISBN: 1847207170
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
This book begins with a theoretical examination of regional innovation systems, agglomeration economics and knowledge spillovers, before going on to examine the same concepts within an empirical framework. Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovation and human capital as determinants of regional economic growth. The concept of knowledge spillovers is used within the book to explain a number of major economic phenomena, including the geographical clustering of inventions; the social returns to R&D that significantly exceed private returns; and the sizeable disproportions that exist between firms in terms of their R&D inputs and outputs. The contributors identify that small firms are responsible for far more product innovations than large firms relative to their measurable knowledge resources. The book also stresses the importance of a catch-up mechanism that sees technological improvement as the combination of two distinct types of activity: innovation and imitation. In this way, the impact of human capital and other types of knowledge acquisition on economic growth is measured. The conclusions of the contributors are invaluably oriented to policy implications. This book will appeal to researchers and postgraduate students of regional science and innovation and knowledge, as well as policymakers.
