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Understanding the factors that may produce a sustained rate of innovation is important for promoting economic … development and growth. In this paper, we examine the role of human capital in firms’ innovation by using a large sample of … small and medium sized cities. Patent applications are used as the measure of innovation. Human capital indicators used …
Persistent link: https://www.econbiz.de/10011615925
Asian ones. Development ultimately requires, as it did across Asia, significant innovation and creativity in business …Many international organizations, governments and academics concerned with economic development look to Asia's success … East and South East Asia and asks: what can other developing countries learn from Asia's success, if anything? The study …
Persistent link: https://www.econbiz.de/10010280115
Persistent link: https://www.econbiz.de/10011696560
Financial development and financial institution building are important prerequisites for economic growth. However, both the potential and the problems of institution building are still vastly underestimated by those who design and fund institution building projects. The paper first underlines...
Persistent link: https://www.econbiz.de/10010316311
We analyze the endogenous evolution of economic and political institutions and the interdependencies with the process of economic development. Favorable economic institutions ensure the appropriability of rents in form of a state of law. We study the conditions under which a state of law can be...
Persistent link: https://www.econbiz.de/10010262181
We analyze the link between financial development and income inequality for a broad unbalanced dataset of 138 developed and developing countries over the years 1960 to 2008. Using credit-to-GDP as measure of financial development, our results reject theoretical models predicting a negative...
Persistent link: https://www.econbiz.de/10010280825
innovation system, the learning economy and learning modes to analyse the evolution of the Danish model and what can be learnt …
Persistent link: https://www.econbiz.de/10010273483
Market competition is central to innovative activity, the diffusion process and macro-economic productivity growth. Productivity growth at all levels comes about through institutional reconfiguration in response to the ongoing market process. Stable and sustained long-term growth in output...
Persistent link: https://www.econbiz.de/10010335051
Persistent link: https://www.econbiz.de/10014306477
The globalized Western culture of innovation, as propagated by major aid institutions, does not necessarily lead to … empowerment or improvement of the well-being of the stakeholders. On the contrary, it often blocks viable indigenous innovation … cultures. In African societies and African Diasporas in Latin America, cultures of innovation largely accrue from the informal …
Persistent link: https://www.econbiz.de/10010275975