nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2012‒05‒22
three papers chosen by
Laura Stefanescu
European Research Centre of Managerial Studies in Business Administration

  1. The evolution of the knowledge base in professional service sectors By Consoli, Davide; Elche-Hortelano, Dioni
  2. The Economics of IP in the context of a Middle Income Country By Jose Miguel Benavente; Daniel Goya
  3. Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms By Bronwyn H. Hall; Francesca Lotti; Jacques Mairesse

  1. By: Consoli, Davide; Elche-Hortelano, Dioni
    Abstract: The objective of this paper is to capture the extent of sectoral heterogeneity across Professional Service sectors. It is argued that ongoing scholarly disputes on their boundaries within the geography of industry have lost sight of the intrinsic diversity that characterizes these activities. The present study connects this cue to research on sectoral patterns and elaborates an empirical analysis of employment structures and the associated skill bases of professional service sectors. Through this focus we are able to frame the emergence of cross-sectoral variety in the context of evolving specialization. 
    Keywords: Professional Service Sectors, Skill Intensity, Cross-Sectoral Variety
    Date: 2012–04–13
    URL: http://d.repec.org/n?u=RePEc:ing:wpaper:201104&r=knm
  2. By: Jose Miguel Benavente; Daniel Goya
    Abstract: This essay looks at innovation and intellectual property rights from the perspective of a small middle-income country. Characterized by an open economy, and based on natural resources, Chile has an incipient level of technological capabilities aiming at reaching sustainable growth and development by adding value to natural resources through innovation. In contrast to other economies that deeply rely on natural resources, Chile as other middle income countries have, has achieved a moderate level of advanced human capital formation and infrastructure stock, but surprisingly has some world class exporting industries such as copper, wine and salmon.
    Date: 2012–03
    URL: http://d.repec.org/n?u=RePEc:udc:wpaper:wp350&r=knm
  3. By: Bronwyn H. Hall; Francesca Lotti; Jacques Mairesse
    Abstract: Both Research and Development (R&D) and Information and Communication Technology (ICT) investment have been identified as sources of relative innovation underperformance in Europe vis-à-vis the United States. In this paper we investigate R&D and ICT investment at the firm level in an effort to assess their relative importance and to what extent they are complements or substitutes. We use data on a large unbalanced panel data sample of Italian manufacturing firms constructed from four consecutive waves of a survey of manufacturing firms, together with a version of the CDM model (Crepon et al., 1998) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for innovation, and ICT investment being more important for productivity. For the median firm, rates of return to both investments are so high that they suggest considerably underinvestment in both these activities.
    JEL: L60 O31 O33
    Date: 2012–05
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:18053&r=knm

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