Knowledge creation and technology difusion: a framework to understand economic growth
Autor(a) principal: | |
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Data de Publicação: | 2005 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | https://ciencia.iscte-iul.pt/id/ci-pub-22756 http://hdl.handle.net/10071/15145 |
Resumo: | The most influential explanations of economic growth along the past five decades rely on two main items: human capital accumulation and the dissemination of knowledge/technological diffusion. These items traditionally appear as separate growth sources. In this paper an integrated perspective is adopted. We begin by building a growth model where two goals regarding technological achievements are considered; economic agents simultaneously want to expand the theoretical knowledge frontier and to reduce the gap between ready-to-use techniques and potentially available knowledge. Considering an objective function that captures the two pointed goals, one develops an intertemporal optimization setup concerning a two sector scenario. The first sector adapts existent technology to productive uses, while the second is an education sector. In this way, we can study the close relationship between technical progress and human capital generation decisions under an intertemporal perspective. |
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Knowledge creation and technology difusion: a framework to understand economic growthTechnologyHuman capitalEconomic growthOptimal controlTransitional dynamicsThe most influential explanations of economic growth along the past five decades rely on two main items: human capital accumulation and the dissemination of knowledge/technological diffusion. These items traditionally appear as separate growth sources. In this paper an integrated perspective is adopted. We begin by building a growth model where two goals regarding technological achievements are considered; economic agents simultaneously want to expand the theoretical knowledge frontier and to reduce the gap between ready-to-use techniques and potentially available knowledge. Considering an objective function that captures the two pointed goals, one develops an intertemporal optimization setup concerning a two sector scenario. The first sector adapts existent technology to productive uses, while the second is an education sector. In this way, we can study the close relationship between technical progress and human capital generation decisions under an intertemporal perspective.Georgetown University e Universidad Alberto Hurtado2018-02-12T12:06:24Z2005-01-01T00:00:00Z20052018-02-12T12:05:47Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://ciencia.iscte-iul.pt/id/ci-pub-22756http://hdl.handle.net/10071/15145eng0716-5927Gomes, O.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:31:24Zoai:repositorio.iscte-iul.pt:10071/15145Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:14:08.539516Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Knowledge creation and technology difusion: a framework to understand economic growth |
title |
Knowledge creation and technology difusion: a framework to understand economic growth |
spellingShingle |
Knowledge creation and technology difusion: a framework to understand economic growth Gomes, O. Technology Human capital Economic growth Optimal control Transitional dynamics |
title_short |
Knowledge creation and technology difusion: a framework to understand economic growth |
title_full |
Knowledge creation and technology difusion: a framework to understand economic growth |
title_fullStr |
Knowledge creation and technology difusion: a framework to understand economic growth |
title_full_unstemmed |
Knowledge creation and technology difusion: a framework to understand economic growth |
title_sort |
Knowledge creation and technology difusion: a framework to understand economic growth |
author |
Gomes, O. |
author_facet |
Gomes, O. |
author_role |
author |
dc.contributor.author.fl_str_mv |
Gomes, O. |
dc.subject.por.fl_str_mv |
Technology Human capital Economic growth Optimal control Transitional dynamics |
topic |
Technology Human capital Economic growth Optimal control Transitional dynamics |
description |
The most influential explanations of economic growth along the past five decades rely on two main items: human capital accumulation and the dissemination of knowledge/technological diffusion. These items traditionally appear as separate growth sources. In this paper an integrated perspective is adopted. We begin by building a growth model where two goals regarding technological achievements are considered; economic agents simultaneously want to expand the theoretical knowledge frontier and to reduce the gap between ready-to-use techniques and potentially available knowledge. Considering an objective function that captures the two pointed goals, one develops an intertemporal optimization setup concerning a two sector scenario. The first sector adapts existent technology to productive uses, while the second is an education sector. In this way, we can study the close relationship between technical progress and human capital generation decisions under an intertemporal perspective. |
publishDate |
2005 |
dc.date.none.fl_str_mv |
2005-01-01T00:00:00Z 2005 2018-02-12T12:06:24Z 2018-02-12T12:05:47Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://ciencia.iscte-iul.pt/id/ci-pub-22756 http://hdl.handle.net/10071/15145 |
url |
https://ciencia.iscte-iul.pt/id/ci-pub-22756 http://hdl.handle.net/10071/15145 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
0716-5927 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
Georgetown University e Universidad Alberto Hurtado |
publisher.none.fl_str_mv |
Georgetown University e Universidad Alberto Hurtado |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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