|
on Knowledge Management and Knowledge Economy |
|
Issue of 2024‒04‒01
five papers chosen by Laura Nicola-Gavrila, Centrul European de Studii Manageriale în Administrarea Afacerilor |
| By: | Tiago Cavalcanti; Kamiar Mohaddes; Hongyu Nian; Haitao Yin |
| Keywords: | Pollution, human capital, knowledge, innovation, China |
| JEL: | O15 O30 O44 Q51 Q56 |
| Date: | 2023–01 |
| URL: | http://d.repec.org/n?u=RePEc:enp:wpaper:eprg2301&r=knm |
| By: | Di Girolamo, Valentina; Mitra, Alessio; Ravet, Julien; Peiffer-Smadja, Océane; Balland, Pierre-Alexandre |
| Abstract: | This paper studies the relationship between knowledge complexity and countries' technological dependency, with a focus on the EU's position vis-à-vis other major economies. Using patent data, we calculate the knowledge complexity index at technological level for a set of countries over the period 1990-2020 to assess the EU's technological capabilities. Our findings show that the EU's overall position has progressively worsened vis-à-vis the US, China, Japan, and South Korea over the last three decades, that the EU's technological base is more diversified than that of other major economies, but is disproportionally more specialised in less complex technologies than its counterparts. Finally, the EU is particularly dependent on just a few countries in most complex technologies. |
| Keywords: | Complex technologies, Technological dependencies, Strategic autonomy, Relatedness |
| JEL: | O11 O33 |
| Date: | 2023 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:esprep:283907&r=knm |
| By: | Niclas Poitiers; Kamil Sekut |
| Abstract: | Our main message is that policies restricting knowledge flows should be limited to narrowly defined areas of strategic importance. |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:bre:wpaper:node_9781&r=knm |
| By: | Perez-Alaniz, Mauricio; Lenihan, Helena; Doran, Justin; Rammer, Christian |
| Abstract: | Public financial support for firm-level Research and Innovation (R&I) can generate important socio-economic returns. This is especially true if firms use this support to develop radical innovation, defined as new-to-market goods and services. However, radical innovation is risky, and prone to failure. Therefore, subsidising radical innovation can also generate sub-optimal socio-economic returns (i.e. policy failure). Understanding how public funding for R&I can be allocated in a way that encourages radical innovation, while avoiding policy failure, is crucial. Our paper investigates, for thefirst time, whether public fundingfor R&I generates more radical innovation in firms seeking to innovate by engaging in knowledge areas that are new to them, versus firms seeking to exploit their existing knowledge base. We make this distinction by using a novel approach, based on the knowledge challenges that firms face when innovating. By merging firm-level survey data with administrative data on public funding for R&I in Ireland, we find that subsidising firms seeking to engage in new knowledge areas, can result in more radical innovation and turnover from radical innovation, compared to firms seeking to exploit their existing knowledge base. These are critical insights from theoretical and policymaking perspectives, regarding the allocation of public funding for R&I. |
| Keywords: | radical innovation, public financial support, knowledge base, policy failure, additionality |
| JEL: | D83 O31 O32 O33 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:zewdip:283615&r=knm |
| By: | Oberrauch, Luis (University of Kaiserslautern); Kaiser, Tim (University of Kaiserslautern) |
| Abstract: | We study the effects of low-intensity digital financial education interventions on undergraduate students' financial knowledge in a small-scale RCT. We test the substitutability or complementarity of two treatments: an online video financial education treatment and an incentive-based approach where students are issued pre-paid voucher cards worth 50 EUR to register with a broker specializing in roboadvised investment in Exchange Traded Funds (ETFs). Three months after the intervention, the video treatment enhanced financial knowledge scores by more than 50 percent of a standard deviation. Conversely, the vouchers showed no effect. The findings suggest that subsidies encouraging roboadvised investment into ETFs cannot substitute direct financial education in our setting, and there is no evidence for complementarity between these interventions in creating human capital in the domain of financial decision-making. |
| Keywords: | digital intervention, financial literacy, financial knowledge, financial education, robo-advisor, ETFs |
| JEL: | G53 |
| Date: | 2024–02 |
| URL: | http://d.repec.org/n?u=RePEc:iza:izadps:dp16811&r=knm |