Boosting Productivity Via Innovation And Adoption Of New Technologies
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Boosting Productivity Via Innovation And Adoption Of New Technologies
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Author : Thierry Tressel
language : en
Publisher: World Bank Publications
Release Date : 2004
Boosting Productivity Via Innovation And Adoption Of New Technologies written by Thierry Tressel and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Industrial productivity categories.
Scarpetta and Tressel present empirical evidence on the determinants of industry-level multifactor productivity growth. They focus on "traditional factors," including the process of technological catch up, human capital, and research and development (R & D), as well as institutional factors affecting labor adjustment costs. Their analysis is based on harmonized data for 17 manufacturing industries in 18 industrial economies over the past two decades. The disaggregated analysis reveals that the process of technological convergence takes place mainly in low-tech industries, while in high-tech industries, country leaders tend to pull ahead of the others. The link between R & D activity and productivity also depends on technological characteristics of the industries: while there is no evidence of R & D boosting productivity in low-tech industries, the effect is strong in high-tech industries, but the technology leaders tend to enjoy higher returns on R & D expenditure compared with followers. There is also evidence in the data that high labor adjustment costs (proxied by the strictness of employment protection legislation) can have a strong negative impact on productivity. In particular, when institutional settings do not allow wages or internal training to offset high hiring and firing costs, the latter reduce incentives for innovation and adoption of new technologies, and lead to lower productivity performance. Albeit drawn from the experience of industrial countries, this result may have relevant implications for many developing economies characterized by low relative wage flexibility and high labor adjustment costs. This paper--a joint product of the Social Protection Team, Human Development Network, World Bank, and the International Monetary Fund--is part of a larger effort to understand what drives productivity growth.
Boosting Productivity Via Innovation And Adoption Of New Technologies
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Author : Stefano Scarpetta
language : en
Publisher:
Release Date : 2013
Boosting Productivity Via Innovation And Adoption Of New Technologies written by Stefano Scarpetta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
The authors present empirical evidence on the determinants of industry-level multifactor productivity growth. They focus on "traditional factors," including the process of technological catch up, human capital, and research and development (R&D), as well as institutional factors affecting labor adjustment costs. Their analysis is based on harmonized data for 17 manufacturing industries in 18 industrial economies over the past two decades. The disaggregated analysis reveals that the process of technological convergence takes place mainly in low-tech industries, while in high-tech industries, country leaders tend to pull ahead of the others. The link between R&D activity and productivity also depends on technological characteristics of the industries: while there is no evidence of R&D boosting productivity in low-tech industries, the effect is strong in high-tech industries, but the technology leaders tend to enjoy higher returns on R&D expenditure compared with followers. There is also evidence in the data that high labor adjustment costs (proxied by the strictness of employment protection legislation) can have a strong negative impact on productivity. In particular, when institutional settings do not allow wages or internal training to offset high hiring and firing costs, the latter reduce incentives for innovation and adoption of new technologies, and lead to lower productivity performance. Albeit drawn from the experience of industrial countries, this result may have relevant implications for many developing economies characterized by low relative wage flexibility and high labor adjustment costs.
Securing Australia S Future
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Author : Simon Torok
language : en
Publisher: CSIRO PUBLISHING
Release Date : 2017-05-29
Securing Australia S Future written by Simon Torok and has been published by CSIRO PUBLISHING this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-29 with Science categories.
The future will bring change for Australia. But whether that change is for the better or worse largely depends on the decisions we make today as individuals and as a nation. Recognising rapid changes in the global economy, environment and policy, the Australian Government engaged the Australian Council of Learned Academies (ACOLA) to undertake detailed interdisciplinary research to help guide Australian thinking and policy decisions. Dozens of Australia’s finest minds assessed the opportunities available to the nation globally and domestically, charting a course for the future. The resulting findings can prepare Australia to address the challenges ahead and make the most of the opportunities. Securing Australia’s Future synthesises the major themes that emerge from ACOLA’s reports. Each chapter includes key findings designed to optimise Australia’s prosperity and place in the region. The future is a long game but its base must be built now. This book provides a vision for the nation, for its politicians, public servants and industry leaders – a sound footing for securing Australia’s future. It is a vital resource for Members of Federal and State parliaments, senior public servants, industry leaders, universities and the interested public.
Accelerating Innovation And Digitalization In Asia To Boost Productivity
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Author : Era Dabla-Norris
language : en
Publisher:
Release Date : 2023-01-09
Accelerating Innovation And Digitalization In Asia To Boost Productivity written by Era Dabla-Norris and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-01-09 with categories.
COVID-19 hit on the back of weakening productivity growth in many advanced and emerging Asian countries, a trend that could be exacerbated by the pandemic. Interestingly, productivity growth in the region was slowing even amid increased innovation effort, as proxied by spending on research and development (R&D) and number of patents. A key element underpinning this disconnect is the growing dispersion in productivity growth, innovation effort, and digitalization across and within sectors. Asia has risen to become an innovation powerhouse, contributing to more than half of world patents. The rise of Asia as an innovation hub has been driven by a few frontier countries that have experienced a sharp increase in digital and computer-related patents, supported by solid R&D spending and a large share of researchers in the labor force. Within countries, R&D has become more concentrated in a smaller share of firms in frontier Asia. Empirical evidence using firm-level data highlight that the high concentration in R&D is associated with large dispersion in productivity. External exposure to competition and innovation, including through trade, supports innovation and help close productivity gaps for firms closer to the frontier. Non-frontier Asian developing countries have benefited from technology diffusion through a higher share of imported high-technology goods and by granting more patents to non-residents, supported by improvements in human capital and digital infrastructure. For these countries, further integration to the international economy, including global value chains, greater entrepreneurship, and expanding innovative labour supply could support productivity by encouraging innovation, including process innovation which is associated with larger productivity at the firm-level. Policies to foster innovation, reduce productivity gaps, and ultimately boost aggregate productivity can be grouped into two buckets. For countries close to the technological frontier, R&D tax credits and grants, business-university R&D collaboration, and lower trade barriers would support broader-based innovation and help close productivity gaps. For countries farther from the frontier, further improvements in digital infrastructure, skilled labor force, openness to trade and FDI, and patent protection, could promote resource reallocation to the most productive firms and enhance incentives for technological adoption, supporting diffusion and higher productivity.
Raising Eu Productivity Through Innovation
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Author : Reinhilde Veugelers
language : en
Publisher:
Release Date : 2022
Raising Eu Productivity Through Innovation written by Reinhilde Veugelers and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Research and development is seen as a key contributor to growth because it generates knowledge, leading to new or improved products through product innovation, and makes firms more efficient at producing goods through process innovation. Firm- level studies generally find evidence of strong positive productivity effects for firms that invest in R&D. In this context, digital systems could be an important driver of productivity growth, particularly in combination with investments in R&D. But there has been little hard evidence of a significant productivity boost from digital technologies. How the relationship between productivity growth, innovation and digital technology adoption plays out is particularly important for the European Union, where productivity growth has long been weak. Researchers from the MICROPROD project (https://www. microprod.eu/) have assessed the effect of technology investment on productivity and performance. Combining recent unique firm-level data and state-of-the-art research methodologies, MICROPROD research provides a better overview of which firms are most likely to adopt digital technologies and to innovate, and to turn these investments into productivity growth.
The Process Of Technological Innovation
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Author : National Science Foundation (U.S.). Division of Industrial Science and Technological Innovation. Productivity Improvement Research Section
language : en
Publisher:
Release Date : 1983
The Process Of Technological Innovation written by National Science Foundation (U.S.). Division of Industrial Science and Technological Innovation. Productivity Improvement Research Section and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Industrial policy categories.
Implementing New Technology
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Author : Dorothy Leonard-Barton
language : en
Publisher:
Release Date : 1987
Implementing New Technology written by Dorothy Leonard-Barton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Industrial management categories.
Innovation Management And Growth In Emerging Economies
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Author : Webb, Heather C.
language : en
Publisher: IGI Global
Release Date : 2020-10-23
Innovation Management And Growth In Emerging Economies written by Webb, Heather C. and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-23 with Business & Economics categories.
Despite its economic impact, understanding what shaped emerging economies’ success seems to be a mystery. These complexities are compounded by fast moving technologies, such as the increased usage of artificial intelligence (AI) and the internet of things (IoT). These new technologies have a social impact, but it is how these impacts are developed and managed by people and companies that is significant. Similarly, it is important to investigate how the uncertainties and intangible factors are dealt with and how businesses can utilize innovative approaches to become adaptive in emerging market economies. Research is needed to determine how actors or businesses interact to shape and define either new institutions, new industries, or new innovation to meet the need of potential customers in emerging economies. Innovation Management and Growth in Emerging Economies explores how innovation from emerging economies is being developed through strategic choices and presents the benefits and the drawbacks, the processes, and the characteristics and management practices of both private and/or public organizations. The chapters identify the trends and approaches to innovation development as well as the strategies of adapting and converting threats and challenges into opportunities. The target audience of this book is composed of practitioners, policy influencers, course instructors, professionals, academicians, students, and researchers in the fields of business, administrative sciences, management, and economics.
World Development Report 2010
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Author : World Bank
language : en
Publisher: World Bank Publications
Release Date : 2009-11-06
World Development Report 2010 written by World Bank and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-06 with Political Science categories.
In the crowded field of climate change reports, 'WDR 2010' uniquely: emphasizes development; takes an integrated look at adaptation and mitigation; highlights opportunities in the changing competitive landscape; and proposes policy solutions grounded in analytic work and in the context of the political economy of reform.
Managing Innovation
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Author : John E. Ettlie
language : en
Publisher: Routledge
Release Date : 2006
Managing Innovation written by John E. Ettlie and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.
The central theme of this book is that integration issues must be confronted and managed in order to capture value from technological innovation. It provides a comprehensive introduction to the basic principles of technology management