scholarly journals Public support for innovation, intangible investment and productivity growth in the UK market sector

2013 ◽  
Vol 119 (2) ◽  
pp. 195-198 ◽  
Author(s):  
Jonathan Haskel ◽  
Gavin Wallis
2008 ◽  
Vol 37 (9) ◽  
pp. 1446-1464 ◽  
Author(s):  
Isabel Maria Bodas Freitas ◽  
Nick von Tunzelmann

2013 ◽  
Vol 224 ◽  
pp. R48-R58 ◽  
Author(s):  
Peter Goodridge ◽  
Jonathan Haskel ◽  
Gavin Wallis

This paper investigates whether intangibles might explain the UK productivity puzzle. We note that since the recession: (a) firms have upskilled faster than before; (b) intangible investment in R&D and software has risen whereas tangible investment has fallen; and (c) intangible and telecoms equipment investment slowed in advance of the recession. We have therefore tested to see if: (a) what looks like labour hoarding is actually firms keeping workers who are employed in creating intangible assets; and (b) the current slowdown in TFP growth is due to the spillover effects of the past slowdown in R&D and telecoms equipment investment. Our main findings are: (a) measured market sector real value added growth since the start of 2008 is understated by 1.6 per cent due to the omission of intangibles; and (b) 0.75 per cent per annum of the TFP growth slowdown can be accounted for by the slowdown in intangible and telecoms investment in the early 2000s. Taken together intangible investment can therefore account for around 5 percentage points of the 16 per cent productivity puzzle.


2018 ◽  
Vol 48 (3) ◽  
pp. 77-82
Author(s):  
Marcin Piatkowski

The article argues that China has achieved a remarkable progress in promoting technology absorption and innovation over the past decade. China today spends 2.1 percent of GDP on R&D, more than the OECD average. By 2020, China together with the US will be responsible for more than half of the world’s R&D spending. These two countries may thus largely de-cide about the speed and direction of mankind’s technological progress. Despite the pro-gress, however, China still faces several challenges to becoming a global technological giant. To face these challenges, China would be well advised to increase the quality of innovation outputs, strengthen efficiency of public support for innovation, further strengthen intel-lectual property rights, and help enhance managerial practices of Chinese firms.


2018 ◽  
Vol 73 (1) ◽  
pp. 186-210
Author(s):  
Olga Eisele

Abstract The European Parliament (EP) is the only directly elected institution at the European Union (EU) level, and its empowerment was long regarded to quasi-automatically lead to greater legitimacy of EU politics. The strength of the EP has grown continuously. However, this has not translated into greater appreciation of a crisis-ridden EU which seems more fundamentally questioned than ever before. Starting from the assumption that mass media serve as the most important source of political information and therefore as a crucial connective interface, we explore newspaper contents about the EP and their effects on public support for it to assess the actual link between the people’s representation at EU level and the people at home. The analysis is conducted for EP elections of 2009 and 2014 in Finland, Germany and the UK. Results suggest that effects of coverage on public support of the EP became stronger and more direct in 2014, which is explained by the increased salience of EU politics in times of crisis. However, expectations of what the EP is or should be may have to be adapted to the reality of a second-order parliament.


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