state tbed

The author highlights how inter-firm collaboration networks are influenced by the knowledge composition of goods in an industry. The results reveal that, knowledge regime significantly influences the network structure, and interaction among firms is very intensive when the products are specialized but also have common knowledge among them.

The authors formulate a model to explain why the lack of political competition may stifle economic performance and use the United States as a testing ground for the models predictions, exploiting the 1965 Voting Rights Act which helped break the near monpoly on political power of the Democrats in southern states.

Under the Science and Technology Plan, the Ministry of Trade & Industry will commit $7.5 billion over the next five years to sustain innovation-driven growth through economic-oriented R&D, which supports key industry clusters.

This paper analyzes the role of technology in mergers and acquisitions (M&As) at the firm level. The authors find that technological relatedness of the M&A partners reduces uncertainty and the expected risk of failure associated with cross-border acquisitions significantly, whereas there is no evidence for technological complementarities driving domestic M&As.

This paper explores the two-way relationship between innovation and economic performance in services using a longitudinal firm-level dataset. The results presented show that innovation is positively affected by past economic performance and that innovation activities (especially investments in ICTs) have a positive impact on both growth and productivity.

This report recommends that the number of companies involved in nanotechnology increase to about 150 and increase the number of local nanotech-related workers by about 30% to 400 by 2009. The study is the first detailed look at Colorado’s nanotech industry, coming soon after the launch of the Colorado Nanotechnology Alliance, a nonprofit whose aim is to nurture the industry and lasso companies from outside the state to relocate.

This paper takes a new look at the issue of overseas sourcing of services. The authors use a framwork in which comparative advantage is endogenous to agglomeration economies and factor mobility, the fragmentation of production made possible by the new communication technologies and low transportation costs allow global firms to simultaneously reap the benefit of agglomeration economies in OECD countries and of low wages prevailing in countries with an ever better educated labour force like India.

This analysis examines the links between state knowledge capital and per capita personal income in Ohio, Pennsylvania, West Virginia, and Kentucky. Its results reveal that large differences in state income levels are primarily associated with the variation in the
states’ knowledge-building activities of education and patenting. The authors also suggest that having a larger manufacturing base has not reliably led to higher incomes.

This report highlights manufacturers from throughout the Commonwealth that are not only surviving, but thriving thanks to their focus on developing new products and new technologies, identifying new markets, and cutting operational costs by adopting innovative and lean processes. The report analyzes the impact of the manufacturing sector on the commonwealth’s economy and outlines the competitive manufacturing clusters. It also details the types of investments that the state is making to stimulate the transformation of the industry.

This report claims that the state of Wisconsin’s 152 economic development programs are not adequately tracked, often overlap one another and have included situations in which businesses awarded grants later laid off employees. It offers a few tactics that policymakers can use to get more accurate and reliable information about the costs and effectiveness of economic development programs to make informed decisions.