nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2019‒04‒15
five papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. Business Dynamics, Knowledge Economy, and the Economic Performance of African Countries By Asongu, Simplice; Amavilah, Voxi Heinrich; Andrés, Antonio
  2. An inverted-U effect of patents on economic growth in an overlapping generations model By Yuta Nakabo; Ken Tabata
  4. Promoting Indigenous community economic development, entrepreneurship and SMEs in a rural context By Chris McDonald
  5. The Enabling Technologies of Industry 4.0: Examining the Seeds of the Fourth Industrial Revolution By Arianna Martinelli; Andrea Mina; Massimo Moggi

  1. By: Asongu, Simplice; Amavilah, Voxi Heinrich; Andrés, Antonio
    Abstract: This paper develops a framework (a) to examine whether or not the African business environment hinders or promotes the knowledge economy (KE), (b) to determine how the KE affects economic performance, and (c) how economic performance relates to the inequality-adjusted human socioeconomic development (IHDI) of 53 African countries during the 1996-2010 time period. We estimate the linkages with three related equations. The results support a strong correlation between the dynamics of starting and doing business and variations in KE. The results also show that there exists a weak link between KE and economic performance. Nonetheless, KE-influenced performance plays a more important role in socioeconomic development than some of the conventional control variables like foreign direct investment (FDI), foreign aid, and even private investment.
    Keywords: Business Dynamics; Knowledge Economy; Economic Performance, Instrumental Variables; Panel Data; Inclusive Growth and Development; Sub-Saharan Africa
    JEL: L96 O10 O20 O30 O55
    Date: 2019–01
  2. By: Yuta Nakabo (Faculty of Social Studies, Nara University); Ken Tabata (School of Economics, Kwansei Gakuin University)
    Abstract: This paper analyzes how patent protection affects economic growth in a continuous-time overlapping generations model with lab-equipment type R&D-based growth. We show that increasing patent breadth may generate an inverted-U effect of patents on economic growth, an effect which is partly consistent with an empirically observed nonmonotonic relationship between patent protection and economic growth. This paper also shows that the combinations of heterogeneous households with finite lifetimes and the lab-equipment type R&D specification are relevant for deriving the inverted-U effect of patent protection on economic growth.
    Keywords: Innovations, Patents, Overlapping Generations
    JEL: O31 O34 O40
    Date: 2019–04
  3. By: H Blanchais (THALES); T. Coye de Brunélis (ONERA - The French Aerospace Lab [Salon] - ONERA, THALES); G.T'Kint T'Knt de Roodenbeke (THALES)
    Date: 2018–10–16
  4. By: Chris McDonald
    Abstract: This paper establishes an analytical framework for understanding and assessing Indigenous economic development and well-being in a place-based context. It identifies the importance of flexibility in geographic scale for organising policies for Indigenous communities, development objectives that reflect the self-determined and informed choices of Indigenous peoples, and implementing strategies for development based on the identification of local assets.
    Keywords: culture, Indigenous peoples, place, regional and rural development, sustainable development goals, well-being
    JEL: R58
    Date: 2019–04–10
  5. By: Arianna Martinelli; Andrea Mina; Massimo Moggi
    Abstract: Technological revolutions mark profound transformations in socio-economic systems. They are associated with the diffusion of general purpose technologies that display very high degrees of pervasiveness, dynamism and complementarity. This paper provides an in-depth examination of the technologies underpinning the øfactory of the futureù as profiled by the Industry 4.0 paradigm. It contains an exploratory comparative analysis of the technological bases and the emergent patterns of development of Internet of Things (IoT), big data, cloud, robotics, artificial intelligence and additive manufacturing. By qualifying the øenablingù nature of these technologies, it explores to what extent their diffusion and convergence can be configured as the trigger of a fourth industrial revolution, and identifies key themes for future research on this topic from the viewpoint of industrial and corporate change.
    Keywords: Industry 4.0; technological paradigm; enabling technology; general purpose technology; disruptive innovation.
    Date: 2019–04–11

This nep-knm issue is ©2019 by Laura Ştefănescu. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
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