| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10442622 | Technological Forecasting and Social Change | 2005 | 16 Pages |
Abstract
This paper develops an extended version of the quality-adder model by allowing for heterogeneous markets. Based on this model, it presents an empirical analysis of innovation-based growth at the market level using a technometric measurement concept. It can be shown that a growth-promoting effect due to technological progress in a particular single year is observed after between 2 and up to 7 years. This is true not only for highly innovative markets but also for those in which fewer R&D resources are invested.
Keywords
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Business and International Management
Authors
Hariolf Grupp, Manfred Stadler,