Resource title

Technological Progress and Market Growth : An Empirical Study Based on the Quality-Ladder Approach

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Resource description

This paper develops an extended version of the quality-ladder 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 two and up to seven years. This is true not only for highly innovative markets, but also for those in which fewer R&D resources are invested.

Resource author

Hariolf Grupp, Manfred Stadler

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Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/22085

Resource license

Adapt according to the presented license agreement and reference the original author.