We are living in an age of remarkable technological change that is forcing us to think very hard about the linkages between technology and economic development. The harder we think about it, the more we realize that technological innovation is almost certainly the key driver of long-term economic growth. We further realize that the innovation process must be supported by a complex set of social...

2 Solow’s ‘shocker’ 5 2.1 Details of the model . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2.2 Steady state growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2.3 Technological change . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 2.4 Growth accounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 2.5 Decentralised economy . . . . . . . . . . . ...

if present trends continue, the world in 2000 will be more crowded, more polluted, less stable ecologically, and more vulnerable to disruption than the world we live in now. Serious stresses involving population, resources, and environment are clearly visible ahead. Despite greater material output, the world’s people will be poorer in many ways than they are today. The Global 2000 Report to the...

socioeconomic, and demographic characteristics. The data consist of both self-reported information on health, and information obtained by medical care providers from physical examination and laboratory analysis of blood and urine samples. Of the 33,994 total NHANES participants, 29,314 have available data on blood samples. We use information from the blood samples to assess the existence of spe...

Gianluca Panati and three anonymous referees are gratefully acknowledged for their comments to a previous draft of the paper. Abstract This paper shows how specific technological and relational regimes have shaped the growth of the network of R&D collaborative agreements in pharmaceuticals in the 1990s. Our analysis reveals the existence of a complex set of regimes of firm growth within the net...

This paper probes the drivers, dimensions, achievements, and outcomes of technological innovations carried out by SMEs in the auto components, electronics, and machine tool sectors of Bangalore in India. Further, it ascertains the growth rates of innovative SMEs vis-à-vis noninnovative SMEs in terms of sales turnover, employment, and investment. Thereafter, it probes the relationship between in...

The paper explores a novel extension of the R&D-productivity literature. It puts forward an empirical model where sectoral productivity growth is related to the characteristics of technological regimes and a set of other industry-specific economic features. The model is estimated on a cross-section of manufacturing industries in nine European countries for the period 1996-2001. The econometric ...

R&D Consortium is occupying the interest of policy makers as a means for industrial growth. One of the typical example is the semiconductor industry, in which many countries have formed consortia in the late 1980's. Out of these nations, the United States and Korea industries have (re)gained competitiveness in terms of world market share. However, in order to understand the role of consortia in...

We analyze hospital efficiency and productivity growth using an innovative approach which employs the directional distance function and the Luenberger productivity indicator. The primary advantage of our approach is that both input contractions and output expansions are considered. Our model generates a productivity indicator that is decomposed into the usual constituents of productivity growth...