a r t i c l e i n f o JEL classification: F43 J31 O31 O33 Keywords: Technological knowledge International trade Human capital Wage inequality By connecting the North–South diffusion and the bias of non-scale technological knowledge and by considering endogenous human capital, we relate the technological-knowledge diffusion with levels, inter-country gaps, growth rates, wage-inequality paths and...

The phenomenal success of East Asian economies has centered attention on the source of their economic growth. Recent studies based on neoclassical theory have produced controversial results: the most important source of economic growth of the East Asian countries (except Japan) is capital accumulation, and the estimated rate of technological progress is very small and, in some cases, substantia...

the paper under review delineates the scenario, perspective and the future trends of science –driven entrepreneurship in the islamic world. it digs out the factors causing the sluggishness and suggests the plan of action for the renaissance of indigenous science –driven entrepreneurship with grafting of the modern scientific high tech marketing techniques on it. the paper highlights that entrep...

In Chapter 26 we discussed how rising per capita incomes over long periods of time can be explained by population growth, capital accumulation, and technological progress. Is there some way that we can measure how much of observed growth in per capita incomes is due to each factor separately? An obvious problem in trying to do so is that “technological progress,” though obvious in many aspects ...

There is increasing consensus that institutional innovations are just as important for development as technological innovations. Polycentric systems are social systems of many autonomous decision centers operating under an overarching set of rules. The rural poor hold positions in polycentric systems, which are marginalized as a result of poverty, exclusion and degraded environments. Horizontal...

This paper deals with the aggregate effects of small, exogenous but idiosyncratic technological shocks on locally interacting firms. Its main purpose is to model a situation in which technological paradigms emerge through endogenous propagation and diffusion of information leading to an aggregate pattern. We develop a theoretical framework in which large technological correlations emerge due to...

Starting in the 1970’s, the Brazilian agricultural sector has experienced an important process of modernization, whose principal effects include advances in technological progress and gains in productivity. The primary objective of this paper is to analyze technological progress and total productivity growth in the Brazilian agricultural sector during the period from 1970 to 1996. The methodolo...

Firms use internationalization to access external resources to exploit technological knowledge or explore new market. However they face the paradox whether to build strong resources commitment to new foreign markets or continue resources allocations in other domains in existing markets. In this paper, we examine how newly listed firms overcome the paradox and initiate international activities a...

The aim of this article is to explore the possible futures generated by the development of artificial intelligence. Our focus will be on the social consequences of automation and robotisation, with special attention being paid to the problem of unemployment. In spite of the fact that this investigation is mainly speculative in character, we will try to develop our analysis in a methodologically...

Foreign direct investment (FDI) has dramatically increased worldwide and is the most important form of all private capital flows to developing countries. Yet, it is an important empirical question whether FDI affects total factor productivity (TFP) positively. We investigate the effect of FDI on TFP growth in a large sample of countries in 1970–2000. Our econometric results indicate that FDI ha...