Demand pull and technology push effects in the quality ladder model
AbstractThis paper extends the standard quality ladder model of innovation and quality growth by allowing for heterogeneous industries. This enables us not only to deal with the Schumpeterian hypothesis about market power and innovation, but also to analyze industry specific demand pull and technology push effects. In accordance with the empirical evidence, we show that perspective of large market power, favorable technological opportunities and high demand expectations as well as the economy-wide endowment with qualified labor, unambiguously spur innovative activity. --
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Bibliographic InfoPaper provided by University of Tübingen, School of Business and Economics in its series Tübinger Diskussionsbeiträge with number 172.
Date of creation: 2000
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Innovative Activities; Demand Pull; Technology Push; Endogenous Growth;
Find related papers by JEL classification:
- L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
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- Stadler, Manfred, 2003. "Innovation and growth: The role of labor-force qualification," TÃ¼binger DiskussionsbeitrÃ¤ge 255, University of Tübingen, School of Business and Economics.
- Stadler, Manfred & Wapler, Rüdiger, 2001.
"Endogenous skilled-biased technological change and matching unemployment,"
220, University of Tübingen, School of Business and Economics.
- Manfred Stadler & Rüdiger Wapler, 2004. "Endogenous Skilled-biased Technological Change and Matching Unemployment," Journal of Economics, Springer, vol. 81(1), pages 1-24, 01.
- Simon Wiederhold, 2009. "Government Spending Composition in a Simple Model of Schumpeterian Growth," Jena Economic Research Papers 2009-101, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
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