Innovation and Employment: A Survey According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The general conclusion is that – although compensation is always work...

This paper analyzes the connection between informal insurance institutions in rural Africa and the adoption of new technologies. We model two linked games — a community risk-sharing game and an old-age insurance game — and analyze the multiple equilibria that arise. We provide a numerical example that indicates that informal insurance institutions may put a downward pressure on the adoption of ...

The objective of this paper is to present a unifying framework for studying the impact of new collaborative technologies (or consumer technologies) on markets, society and economic science. It aims to influence researchers in social sciences, entrepreneurs and policy-makers to accelerate the adoption of the learning, tools and opportunities which the new collaborative technologies bring into th...

This paper quantifies the contribution of technology gaps to international income inequality. I develop an endogenous growth model where cross-country differences in R&D efficiency and cross-industry innovation adoption opportunities together determine equilibrium gaps, trade patterns, Countries with higher are richer have comparative advantage more innovation-dependent industries. calibrat...

The purpose of this article is three-fold: first, it tests whether inter-industry R&D spillovers are positively associated with the likelihood experiencing high growth episodes among intensive firms in Europe, US and Japan; second, such a relationship conditional on their level absorptive capacity (ACAP); third, acquisition foreign patents, an additional channel to access external knowledge...

We study labor market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized admissions process in Finland. Admission track increases initial annual income, and this benefit persists at least through mid-thirties, present discount value calculations suggest that it is unlikely life cycle will turn negative retirement. Moreover...

There are a wide variety of theories that being used to research mobile services adoption. As result, various models and large number factors affecting adoption have been conceptualize the as technology advances accelerates. The consequence has concept is at present chaotic complex best. industry going through stagnating customer base revenue all hopes bounce back focused on 5G. Indian market, ...

This paper constructs a two-sector unified growth model. Learning-by-doing in agriculture eventually allows the preindustrial economy to leave its Malthusian trap. But entrepreneurs in the manufacturing sector do not attempt invention if not much is known about natural phenomena. This delays the industrial revolution. Since entrepreneurs identify new useful knowledge at all times in a serendipi...

We estimate the role of peer effects in technology adoption using data from a randomized distribution of menstrual cups in Nepal. Using individual randomization, we estimate causal effects of peer exposure on adoption. We find strong evidence of peer effects: two months after distribution, one additional friend with access to the menstrual cup increases usage by 18.6 percentage points. Using th...

New ideas, products, and practices take time to diffuse, a fact that is often attributed to some form of heterogeneity among potential adopters. This paper examines three broad classes of diffusion models -contagion, social influence, and social learning – and shows how to incorporate heterogeneity into each at a high level of generality without losing analytical tractability. Each type of mode...