Macroeconomic Modelling Of R D And Innovation Policies
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Macroeconomic Modelling Of R D And Innovation Policies
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Author : Ufuk Akcigit
language : en
Publisher: Springer Nature
Release Date : 2021-11-03
Macroeconomic Modelling Of R D And Innovation Policies written by Ufuk Akcigit and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-03 with Business & Economics categories.
This open access book encompasses a collection of in-depth analyses showcasing the challenges and ways forward for macroeconomic modelling of R&D and innovation policies. Based upon the proceedings of the EC-DG JRC-IEA workshop held in Brussels in 2017, it presents cutting-edge contributions from a number of leading economists in the field. It provides a comprehensive overview of the current academic and policy challenges surrounding R&D as well as of the state-of-the-art modelling techniques. The book brings to the forefront outstanding issues related to the assessment of the macroeconomic impact of R&D policies and its modelling. It speaks to the rising importance of R&D and innovation policy, and the proliferation of macroeconomic models featuring endogenous technological change. The contents of this book will be of interest to both academic and policy audiences working in the fields of R&D and innovation.
Interneteconomics Net
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Author : Paul J.J. Welfens
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-11-15
Interneteconomics Net written by Paul J.J. Welfens and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-15 with Business & Economics categories.
Deregulation, privatization and internationalization of the telecommunications industry has brought about enormous changes within both the European and world economy. The dynamics of the Internet and the recent wave of innovations in the telecommunications and computer industry have given rise to new opportunities for entrepreneurship, employment and growth. No doubt, the dynamics and imperfections of today`s information markets raise crucial challenges for Western Europe. The changing patterns of innovation in the digital economy have forced governments to consider new strategies to promote innovation, network effects and growth. In response to these developments this text presents new approaches to macroeconomic modelling, growth theory and trade analysis. Still further, the deregulation policies of OECD-countries are analyzed. An indispensible text for academics and professionals who want to deepen their knowledge of how the New Economy revolution continues to change the economy.
Innovations In Macroeconomics
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Author : Paul J.J. Welfens
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-03-06
Innovations In Macroeconomics written by Paul J.J. Welfens and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-03-06 with Business & Economics categories.
Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new perspective. With respect to economic policy - in particular innovation policy - the analysis implies major changes, concerning both EU countries and other leading OECD economies.
Innovations In Macroeconomics
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Author : Paul J.J. Welfens
language : en
Publisher: Springer
Release Date : 2014-10-02
Innovations In Macroeconomics written by Paul J.J. Welfens and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-02 with Business & Economics categories.
Modern macroeconomics suffers from an unclear link between short-term Keynesian analysis and long-term growth modelling. This book presents a new link between monetary analysis and growth modelling in open economies. Structural change, innovations and growth are considered from a new perspective. With respect to economic policy - in particular innovation policy - the analysis implies major changes, concerning both EU countries and other leading OECD economies.
Liberating Supply Fiscal Policy And Technological Innovation In A Multicountry Model
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Author : Mr.Tamim Bayoumi
language : en
Publisher: International Monetary Fund
Release Date : 1998-06-01
Liberating Supply Fiscal Policy And Technological Innovation In A Multicountry Model written by Mr.Tamim Bayoumi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-06-01 with Business & Economics categories.
This paper examines how endogenizing technological progress in a multicountry macroeconometric model affects the analysis of fiscal policies. It uses an expanded version of the IMF’s multicountry model, MULTIMOD, in which total factor productivity (TFP) is endogenized as a function of domestic research and development (R&D) expenditures, R&D expenditures of trading partners, and trade. Compared with the standard version of the model with exogenous TFP, fiscal policies have much larger and long-lived effects on the domestic economy and on other countries.
The Economics Of Knowledge Innovation And Systemic Technology Policy
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Author : Francesco Crespi
language : en
Publisher: Routledge
Release Date : 2015-05-15
The Economics Of Knowledge Innovation And Systemic Technology Policy written by Francesco Crespi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-15 with Business & Economics categories.
There is wide consensus on the importance of knowledge for economic growth and local development patterns. This book proposes a view of knowledge as a collective, systemic and evolutionary process that enables agents and social systems to overcome the challenges of the limits to growth. It brings together new conceptual and empirical contributions, analysing the relationship between demand and supply factors and the rate and direction of technological change. It also examines the different elements that compose innovation systems. The Economics of Knowledge, Innovation and Systemic Technology Policy provides the background for the development of an integrated framework for the analysis of systemic policy instruments and their mutual interaction the socio-political and economic conditions of the surrounding environment. These aspects have long been neglected in innovation policy, as policymakers, academics and the business community, have mostly emphasized the benefits of supply side strategies. However, a better understanding of innovation policies grafted on a complexity-based approach calls for the appreciation of the mutual interactions between both supply and demand aspects, and it is likely to improve the actual design of policy measures. This book will help readers to understand the foundations and working of demand-driven innovation policies by stressing the importance of compent and smart demand.
Innovation And Growth
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Author : Martin Andersson
language : en
Publisher: OUP Oxford
Release Date : 2012-09-20
Innovation And Growth written by Martin Andersson and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-20 with Business & Economics categories.
This volume provides an understanding of firms' R&D and innovation strategies and their economy-wide consequences. It is based on the premise that differences in firm-level returns, as well as economy-wide outcomes, may be linked to the heterogeneous ways in which firms organize and undertake R&D and innovation activities. It emphasizes innovation strategies of innovating firms, and reflects that innovation efforts do not represent a uniform type of expenditure. Organized into three parts the volume moves from the micro to the macro-level. This structure highlights the notion that R&D and innovation and growth are two interdependent perspectives. The first of these is micro-oriented and focuses on innovation processes of firms, where R&D activities and other innovation efforts give rise to consequences such as a strengthening of resource bases, growth of sales and employment, patents, new products, increasing productivity and profits, and improved chances of survival. The second perspective comprises economy-wide effects in the form of overall technological change, growth in total factor productivity, and structural change processes, where certain sectors may benefit from new inputs from other sectors while others experience declining markets and reduced output. The book brings together contributions and perspectives from both economics and business scholars, and will appeal to academics, researchers, and students interested in R&D and innovation strategies, international business, business strategy, and the economics of technological change.
Human Capital R D And Competition In Macroeconomic Analysis
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Author : Erik Canton
language : en
Publisher:
Release Date : 2005
Human Capital R D And Competition In Macroeconomic Analysis written by Erik Canton and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Competition categories.
Innovation Policies Business Creation And Economic Development
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Author : Neslihan Aydogan
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-11-13
Innovation Policies Business Creation And Economic Development written by Neslihan Aydogan and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-11-13 with Business & Economics categories.
It is now apparent to many scholars and practitioners that research and development activities and innovation are the pathways to sustainable economic growth. One also recognizes that delving into a topic as such is rather challenging as it is a multidimensional task. We have learned quite a bit on the innovation-growth relationship of the dev- oped countries based on the extensive research on the topic. However, we are yet to understand the very same process for the developing countries where the challenges are expected to be paramount. There obviously is few empirical and theoretical discussion on this topic. This book dares to provide a succinct discussion on a wide array of issues on the innovation and growth relationship for the developing countries. The book starts off by providing the reader with a promising - ternative to endogenous growth models that entails understanding the effect of variables, such as technological change on growth in cons- erable detail. The next step in the book involves a thorough analysis of economic growth models and how the investment climate affects innovationand entrepreneurship and hence economic growth. Against this background is examined the context of the telecommunications industry in Turkey. Following this, we delve into understanding the radical versusincremental innovationactivities,where itis argued that developing nations are more likely to engage in radical innovation, whereas developing nations are engaged in incremental innovation.
The Economics Of R D Policy
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Author : Gregory Tassey
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 1997-11-25
The Economics Of R D Policy written by Gregory Tassey and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-11-25 with Business & Economics categories.
Industry officials and government policymakers have for some time decried the lack of a framework for establishing and defending Research and Development (R&D) policies. Effective policy requires an understanding of the underlying economics. This book offers models and analysis of the economic elements that drive technology-based growth with emphasis on their implications for policy analysis. It also compares existing U.S. policies with those used in Europe and Japan. The results of these models and analysis is a framework for matching various forms of underinvestment with efficient strategic and policy responses. This market-failure based approach enables industry and government R&D initiatives to be developed, analyzed, and implemented with greater success than previously attained. The first part of the book analyzes economic trends to show how they are affected by technological change and the evolving nature of foreign competition. R&D spending patterns are studied to identify and characterize market failures that prevent adequate private-sector investments in technology. A model is presented for a typical technology-based industry. The second part looks at specific technologies and policies that impact R&D investment and that have been the subject of intense policy debate.