Stimulating Economic Growth through Knowledge-Based Investment

Recent studies have shown that knowledge-based capital (KBC) is an important source of economic growth in many of the world’s advanced economies (much more so than R&D alone) and is positively correlated with real GDP per capita in a cross-section of these economies. This literature is still in...

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Bibliographic Details
Main Author: Hulten, Charles (-)
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2013.
Series:OECD Science, Technology and Industry Working Papers, no.2013/02.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706645106719
Description
Summary:Recent studies have shown that knowledge-based capital (KBC) is an important source of economic growth in many of the world’s advanced economies (much more so than R&D alone) and is positively correlated with real GDP per capita in a cross-section of these economies. This literature is still in its infancy and there is, as yet, no systematic discussion of KBC policy. This paper makes an attempt to fill this gap.
Physical Description:1 online resource (38 p. )