Demand pull and technology push effects in the quality ladder model

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URI: http://nbn-resolving.de/urn:nbn:de:bsz:21-opus-21025
http://hdl.handle.net/10900/47439
Dokumentart: ResearchPaper
Date: 1999
Source: Tübinger Diskussionsbeiträge der Wirtschaftswissenschaftlichen Fakultät ; 172
Language: English
Faculty: 6 Wirtschafts- und Sozialwissenschaftliche Fakultät
Department: Wirtschaftswissenschaften
DDC Classifikation: 330 - Economics
Keywords: Innovation
Other Keywords:
Innovative Activities , Demand Pull , Technology Push , Endogenous Growth
License: http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en
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Abstract:

This paper extends the standard quality ladder model of innovation and quality growth by allowing for heterogeneous industries. This enables us not only to deal with the Schumpeterian hypothesis about market power and innovation, but also to analyze industry specific demand pull and technology push effects. In accordance with the empirical evidence, we show that perspective of large market power, favorable technological opportunities and high demand expectations as well as the economy-wide endowment with qualified labor, unambiguously spur innovative activity.

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