Download Creation and Transfer of Knowledge: Institutions and by Giorgio Barba Navaretti, Partha Dasgupta, Karl-Göran Mäler, PDF

By Giorgio Barba Navaretti, Partha Dasgupta, Karl-Göran Mäler, Domenico Siniscalco

Is wisdom an monetary reliable? that are the features of the associations regulating the construction and diffusion of information? Cumulation of information is a key determinant of monetary development, yet just recently wisdom has moved to the middle of financial research. fresh literature additionally offers profound insights into occasions like medical development, inventive and craft improvement which were hardly ever addressed as socio-economic associations, being the area of sociologists and historians instead of economists. This quantity adopts a multidisciplinary method of deliver wisdom within the concentration of recognition, as a key fiscal issue.

Show description

Read or Download Creation and Transfer of Knowledge: Institutions and Incentives PDF

Best information theory books

Networks and Grids: Technology and Theory

This textbook is meant for an undergraduate/graduate path on machine networks and for introductory classes facing functionality review of desktops, networks, grids and telecommunication platforms. not like different books at the topic, this article offers a balanced process among know-how and mathematical modeling.

Future Information Technology - II

The recent multimedia criteria (for instance, MPEG-21) facilitate the seamless integration of a number of modalities into interoperable multimedia frameworks, remodeling the best way humans paintings and engage with multimedia information. those key applied sciences and multimedia options engage and collaborate with one another in more and more potent methods, contributing to the multimedia revolution and having an important effect throughout a large spectrum of customer, enterprise, healthcare, schooling, and governmental domain names.

Data and Information Quality: Dimensions, Principles and Techniques

This ebook offers a scientific and comparative description of the sizeable variety of study concerns regarding the standard of information and knowledge. It does so through providing a valid, built-in and finished assessment of the state-of-the-art and destiny improvement of knowledge and knowledge caliber in databases and knowledge platforms.

Extra info for Creation and Transfer of Knowledge: Institutions and Incentives

Example text

Chaudhuri compares profits under co-operative R&D and under competitive R&D. e. the more efficient firm obtains a larger share of payoffs. He shows that if the two firms are equal in their technological parameters, and returns are sufficiently large, it is individually rational to opt for co-operative R&D. As far as the technological gap between the two firms increases, though, co-operating is no longer rational for the efficient firm, as the inefficient one has too large an incentive to free ride.

Knowledge is an important determinant of the decision of starting production abroad. Both the empirical and the theoretical literature emphasise its role in creating ownership advantages. Indeed, it is a firm specific intangible asset, which can be transferred at a lower cost than other capital assets (Horstman and Markusen 1987). At the same time, its public good nature influences the effectiveness and, consequently the form, of its transfer. Many empirical studies have now gathered a quite impressive body of evidence about knowledge spillovers from multinational activities to host countries' firms (see BIomström and Kokko's chapter in this volume for a comprehensive survey of this literature).

Particularly in developing eountries, overseas R&D aetivity generally supports foreign investments initially decided for other reasons. It is therefore hard to single out the deterrninants of R&D from the deterrninants of the initial investment, partieularly without the support of a theoretieal modellinking investments and trade decisions. Given the laek of theoretieal models of this type, and gi yen the scope of this paper, we will therefore not go beyond straightforward intuitive questions. A first important question is the degree of asymmetry between developed and advanced countries.

Download PDF sample

Rated 4.55 of 5 – based on 4 votes