search query: @author Verdier, T. / total: 10
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| Author: | Thoenig, M. Verdier, T. |
| Title: | A theory of defensive skill-biased innovation and globalization |
| Journal: | American Economic Review
2003 : JUN, VOL. 93:3, p. 709-728 |
| Index terms: | Bias Dynamic models Globalization Innovation Technological change |
| Language: | eng |
| Abstract: | A dynamic model of innovation in which companies can endogenously bias the direction of technological change is considered in this paper. Both in a North-North and North-South context, the authors show, when globalization triggers an increased threat of technological leapfrogging or imitation, companies tend to respond to that threat by biasing the direction of their innovations towards skilled-labor-intensive technologies. |
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