Innovation, catching up, and productivity growth by Jan Fagerberg

Cover of: Innovation, catching up, and productivity growth | Jan Fagerberg

Published by Norsk utenrikspolitisk institutt in Oslo .

Written in English

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Edition Notes

Book details

Statementpaper prepared for the International Seminar on Science, Technology, and Economic Growth, OECD, Paris, June 5-8, 1989.
SeriesNUPI rapport,, nr. 137, dec. 1989
The Physical Object
Pagination34 p. ;
Number of Pages34
ID Numbers
Open LibraryOL1932397M
LC Control Number90148675

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Differences in growth performance that includes the potential for catch-up along with other factors. In what arguably was the first attempt to do this, Cornwall () analysed economic. The formal model discussed above is then estimated on pooled time-series cross-country data for the periodand the consequences for analyses of international productivity differences Author: Jan Fagerberg.

Downloadable. Most analyses of international differences in productivity growth present data for OECD countries only. Although defendable from a data-quality and productivity growth book of view, this implies that some important industrial countries that have grown fast in recent years are excluded from the analysis.

To avoid this outcome the present study includes the most important NICs as well. Innovation, Catching-Up and Growth by Jan Fagerberg Norwegian Institute of International Affairs P.O.B. DEP Oslo 1 Norway Abstract Most analyses of international differences in productivity growth present data for OECD countries only.

Although defendable from a data-quality point of view, this implies that some. “Catch-up” relates to the ability of a single country to narrow the gap in productivity and income vis-à-vis a leader country, while “convergence” refers to a trend towards a reduction of the overall differences in productivity and income in the world as a whole.

Successful catch-up has historically been associated not merely with the adoption of existing techniques in established Cited by: Productivity Growth, Innovation and Catching-Up of Medium-sized Enterprises in Indonesia: A Nonparametric Approach Kazuhiko Yokota The International Centre for the Study of East Asian Development, Japan March Yokota, K.

(), ‘Productivity Growth, Innovation and Catching-Up of Medium-sized. Since Schumpeter, economists have argued that vast productivity gains can be achieved by investing in innovation and technological catch-up.

Yet, as this volume documents, developing country firms and governments invest little to realize this potential, which dwarfs international aid flows.

U.S. productivity growth, indicating a very significant role for agricultural innovation. The purpose of this paper is to assess the icgrowthdur-ing the period – Productivity growth is the key economic indicator of innovation. Despite the importance of innovation. While this concept seems simple enough, innovation is a huge driving factor to economic growth, welfare, and resources.

Innovation in technologies can also improve present processes and increase efficiency resulting in less costs and manpower. The following selection of innovation slogans serve as a central focal point of major existing.

Catching up to the technological frontier?: understanding firm-level innovation and productivity in Kenya (English) Abstract. Kenya s economy has undergone a significant process of structural transformation over the last decade. Innovation adds another source of cumulative growth to that of traditional models and allows a consideration of the importance of non‐price and productivity growth book of international competitiveness.

Catching‐up is the major force leading to convergence in productivity owing to. Club class A new study shows emerging economies are catching up It also sheds light on some of the mysteries of economic growth Finance & economics Aug 15th edition.

Following the demise of the Washington Consensus, developing countries are looking for new ideas to guide their development. This innovative book suggests taking seriously some of the findings and productivity growth book evolutionary economics and paying specific attention to the institutions that matter for economic development, particularly those related to science, technology and innovation.

CATCHING UP: WHAT ARE THE CRITICAL FACTORS Centre for Technology, Innovation and Culture, University of Oslo Background paper for the UNIDO World Industrial Development Report PRELIMINARY VERSION April to explain the superior productivity growth of catching-up economies compared to other countries as.

Our rate of economic productivity growth, for example, is going down, not up. The rate of productivity growth in the US has been just %, far below the % rate of growth. This paper investigates the impact of human capital on the process of innovation and technology catch-up in European Union countries.

Based on the framework proposed by Benhabib and Spiegel (in: Aghion and Durlauf (eds) Handbook of economic growth, 1A, North-Holland, Amsterdam, ), a panel data model is estimated from to using the improved total factor productivity and human.

The Innovation Paradox: Developing-Country Capabilities and the Unrealized Promise of Technological Catch-Up This first volume in the series focuses on the roughly half of overall productivity growth that is driven by firms adopting new technologies, products, and processes.

Catching up to the technological frontier?: understanding firm-level innovation and productivity in Kenya (Английский) Аннотация. Kenya s economy has undergone a significant process of structural transformation over the last decade.

The relationship between the economic structure of a country and its productivity growth has received a lot of attention in recent decades. For instance, several theoretical models in this area now suggest that countries that specialize in technologically progressive industries will enjoy high rates of growth compared to other countries.

This paper focuses on the impact of specialization. Leadership and catch-up in national innovative productivity Historical background In the years since World War II, the set of coun-tries contributing regularly to innovation at the world’s technological frontier has expanded, raising a number of questions for conceptual and empirical study.

The “economic miracles” of post-war. Fagerberg, J. () ‘Innovation, catching-up and growth’, in Technology and productivity — the Challenge for Economic Policy (Paris: OECD). Google Scholar Fagerberg, J. () ‘Technology and international differences in growth rates’, Journal of Economic Literature, vol.

xxxii, no. Innovation and Productivity Bronwyn H. Hall. NBER Working Paper No. Issued in JuneRevised in December NBER Program(s):Productivity, Innovation, and Entrepreneurship What do we know about the relationship between innovation and productivity among firms.

Catching up to the technological frontier?: understanding firm-level innovation and productivity in Kenya (Inglês) Resumo. Kenya s economy has undergone a significant process of structural transformation over the last decade. There are also dozens of guides, case studies and instantly actionable tips backed up by in-depth research and the latest and greatest in innovation theory.

Get your free copy here. Volume 2 outlines the mindsets, methods and tools required to successfully explore new business models and disruptive innovation in an era of rapid change. Productivity growth is a shadow of its former self. It’s one-tenth of what it was 40 years ago in advanced economies, and even emerging economies are struggling to replicate the growth.

Catching up to the technological frontier?: understanding firm-level innovation and productivity in Kenya (英语) 摘要. Kenya s economy has undergone a significant process of structural transformation over the last decade.

pose productivity growth into two mutually exclusive and exhaustive components: changes in technical efficiency over time and shifts in technology over time. These components lend themselves in a natural way to the identification of catching up and the identification of innovation, respec-tively.

Our measure of productivity growth is a. Leonardo Iacovone & Gustavo A. Crespi, "Catching up with the technological frontier:Micro-level evidence on growth and convergence," Industrial and Corporate Change, Oxford University Press, vol. 19(6), pagesStevens, "Accounting for Background Variables in Stochastic Frontier Analysis," National Institute of Economic and Social Research (NIESR.

The European economy needs a productivity boost from innovation and new frontier technologies to support growth. The European economy has regained momentum recently after years of sluggish growth, but the short- to medium-term outlook remains fragile, and the continent’s productivity growth has declined sharply over the past two decades.

The Productivity Wave, with its lean manufacturing and business process re-engineering, also had leaders and laggards.

And so it will be for the Innovation Wave. This wave is hard to miss, with about books on innovation written weekly. With this new wave, the focus has shifted from make it uniformly to make it efficiently to make what.

Abstract. This chapter analyzes the economic performance of seven emerging (E7) economies—China, India, Indonesia, Brazil, Mexico, Turkey, and South Korea, in comparison with the G7 economies, examining their sources of growth and catch-up performance during –17 and projecting their growth in the succeeding decade, –   Productivity growth in Sub-Saharan Africa picked up in recent years and output per worker increased at percent on average in However, this rate of growth is down from the annual average.

w Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms: Hall: w Innovation and Productivity: Chiu, Meh, and Wright: w Innovation and Growth with Financial, and other, Frictions: Stokey: w Catching Up and Falling Behind.

Productivity-growth potential Five sector cases 29 41 53 In brief Executive summary Page 1 GDP has grown exceptionally rapidly over the past 50 years, powered by the twin engines of employment growth and productivity growth. But employment growth is set to slow dramatically, placing the onus on productivity growth to drive the world economy.

innovation becomes valuable as firms develop technological skills and internal knowledge capacity. Despite this, much of the previous research in the region has simply replicated the developed country agenda, focusing on R&D investments as the sole source of innovation and productivity growth.

Four Theories of the Innovation Commons from Innovation Commons: The Origin of Economic Growth. Open Innovation in the Twenty-First Century from Open Innovation Results: Going Beyond the Hype and Getting Down to Business.

Catch-up and Mission-oriented Innovation from How Nations Learn: Technological Learning, Industrial Policy, and Catch-up.

We explore this idea empirically using a panel of industries across twelve OECD countries. We find R&D to be statistically and economically important in both technological catch-up and innovation. Human capital also plays an major role in productivity growth, but we only find a small effect of trade.

POLAND ENTERPRISE INNOVATION SUPPORT REVIEW: FROM CATCHING UP TO MOVING AHEAD. Natasha Kapil Marcin Piatkowski Ismail Radwan Juan Julio Gutierrez. Private and Financial Sector Development.

In terms of its sources, the low levels of green productivity growth in these countries are due to the technical regress. Efficiency change, namely the catching-up effect, is the dominant source of green productivity growth in OECD countries between and Technical change remains relatively low and negative in most of the countries.

Presents Korea's technological development and catching-up from an economic perspective; Patents and Productivity Growth in Information and Communication Technology Industry of Korea. Pages Peneder, Michael.

Book Title Innovation and Technology in Korea Book Subtitle Challenges of a Newly Advanced Economy Editors. Recent innovations, he claimed, “have not yet substantially boosted measured productivity growth.” In fact, sinceproductivity growth.

The US is at the cutting edge of productivity per capita which is a much harder task to raise than countries that can do catch up growth. For some reason raising productivity per capita at the cutting edge is harder than it was in the post WWII boom era, but that isn't americas unique s:   Technology and Productivity: The Korean Way of Learning and Catching Up is the appropriate role of the National Research and Development Program within the framework of the National System of Innovation?

Because they defy quantitative measurement, institutional and organizational skills are often neglected in mainstream economic analyses Author: Youngil Lim.

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