supply-driven approach of innovation-growth nexus. But in reality, it is the economic growth that can also increase the level of innovation in the development process. That means there is a feasibility of bidirectional causality between innovation and economic growth (Pradhan et al.2016). Hence, ...
InnovationEconomic growthTotal factor productivitySouthern EuropePurpose - The aim of this paper is to gain new insight on the determinants of economic growth. More precisely, it disentangles the contribution of an increase in the stock of ideas that exceeds the rate of growth in the steady state...
How does innovation lead to new technology and growth? What are the factors that seem to drive the globalization of the automobile industry? Identify some of the benefits of globalization. What is offshoring? What is its impact on the US economy?
Hémous and Olsen (2022) offered an innovative perspective by modeling automation and innovation’s role in explaining income distribution trends. These studies collectively underscore AI’s transformative potential to drive economic growth, reshape productivity paradigms, and influence income distribution. ...
The outcomes of eco-innovation in emerging economies are even more complicated because, on the one hand, a worsening environmental crisis drive firms in emerging economies to engage in eco-innovation; but, on the other hand, consumers in emerging markets have limited knowledge and purchasing power...
"Everything is about innovation," said Stephen Perry, chairman of Britain's 48 Group Club. China is very forward-looking, as in every sector, China has the dynamic about "wanting to know where the world is going," he added. Amid the innovation drive, the number of Chinese companies on ...
increasing resilience, enhancing competitiveness and unlocking new opportunities. Organizations are integrating sustainability into the heart of their business strategy, embedding innovation and collaboration with their suppliers to drive profitable growth and shape their leadership position in the competitive land...
Does innovation drive environmental disclosure? A new insight into sustainable development Business Strategy and the Environment, 26 (7) (2017), pp. 893-911 CrossrefView in ScopusGoogle Scholar Robin and Zhang, 2015 A.J. Robin, H. Zhang Do industry-specialist auditors influence stock price crash...
transformation, factors that collectively limit the potential of AI in enhancing green economic efficiency in marine fisheries. Under the drive for high levels of green finance, financial support provides ample funding for the innovation and application of AI technology (Xu et al.2023a). This ...
Financial innovationDigitalizationInformal sectorDeveloping countriesThis paper investigates the impact of mobile financial services MFS (mobile money, and mobile credit and savings) on the informal sector using a sample of 101 emerging and developing countries over the period 2000. Using both fixed ...