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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18284Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Bitzer, Jürgen | - |
| dc.creator | Stephan, Andreas | - |
| dc.date | 2002 | - |
| dc.date.accessioned | 2013-10-16T06:59:17Z | - |
| dc.date.available | 2013-10-16T06:59:17Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/18284 | - |
| dc.identifier | ppn:361419872 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18284 | - |
| dc.description | A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old knowledge, to destroy part of that capital. This is in stark contrast to the perpetual inventory method, which postulates a constant rate of depreciation. We compare both methods by estimating the impact of R&D and spillovers on output in OECD countries, and find that the new approach leads to more sensible and robust results. | - |
| dc.language | eng | - |
| dc.publisher | Deutsches Institut für Wirtschaftsforschung (DIW) Berlin | - |
| dc.relation | DIW-Diskussionspapiere 300 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | C82 | - |
| dc.subject | O31 | - |
| dc.subject | D62 | - |
| dc.subject | ddc:330 | - |
| dc.subject | R&D capital stocks | - |
| dc.subject | knowledge spillovers | - |
| dc.subject | creative destruction | - |
| dc.subject | Forschung | - |
| dc.subject | Gesamtwirtschaftliches Anlagevermögen | - |
| dc.subject | Spillover-Effekt | - |
| dc.subject | Schumpeterismus | - |
| dc.subject | Schätztheorie | - |
| dc.subject | Theorie | - |
| dc.title | A Schumpeter-inspired approach to the construction of R&D capital stocks | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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