Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier

A firm's set of knowledge processes may be affected by the entrepreneurial culture of the country in which it is located. Total factor productivity, mainly associated with technical progress, accounts for most differences over time and across countries. In the present work we examine the de...

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Authors: Colino, Alberto, Benito-Osorio, Diana, Rueda Armengot, Carlos|||0000-0001-5820-4282
Format: article
Publication Date:2014
Country:España
Institution:Universitat Politècnica de València (UPV)
Repository:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Language:English
OAI Identifier:oai:riunet.upv.es:10251/59722
Online Access:https://riunet.upv.es/handle/10251/59722
Access Level:Open access
Keyword:Patterns of productivity growth
Technical progress
Technology frontier
Stock of knowledge
Panel data methods
Entrepreneurship
ORGANIZACION DE EMPRESAS
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spelling Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontierColino, AlbertoBenito-Osorio, DianaRueda Armengot, Carlos|||0000-0001-5820-4282Patterns of productivity growthTechnical progressTechnology frontierStock of knowledgePanel data methodsEntrepreneurshipORGANIZACION DE EMPRESASA firm's set of knowledge processes may be affected by the entrepreneurial culture of the country in which it is located. Total factor productivity, mainly associated with technical progress, accounts for most differences over time and across countries. In the present work we examine the determinants of total factor productivity growth in 26 OECD countries between 1965 and 2010, breaking them down into changes in technical efficiency and shifts in technology overtime. Using the US as the technology frontier, different patterns of productivity growth emerge between world technology leaders and countries with low initial levels of productivity. Whereas changes in efficiency seem to be the main result of the evolution in the stock of knowledge in technologically dependent economies, suggesting that less advanced economies can benefit from their relative backwardness, domestic research effort appears to be a relevant factor for technology leaders. (C) 2013 Elsevier Inc. All rights reserved.ElsevierDepartamento de Organización de EmpresasEscuela Técnica Superior de Ingeniería IndustrialRepositorio Institucional de la Universitat Politècnica de València Riunet20142014-10-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfapplication/pdfhttps://riunet.upv.es/handle/10251/59722reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valénciainstname:Universitat Politècnica de València (UPV)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Reserva de todos los derechoshttp://rightsstatements.org/vocab/InC/1.0/info:eu-repo/semantics/openAccessoai:riunet.upv.es:10251/597222026-06-13T07:49:27Z
dc.title.none.fl_str_mv Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
title Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
spellingShingle Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
Colino, Alberto
Patterns of productivity growth
Technical progress
Technology frontier
Stock of knowledge
Panel data methods
Entrepreneurship
ORGANIZACION DE EMPRESAS
title_short Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
title_full Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
title_fullStr Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
title_full_unstemmed Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
title_sort Entrepreneurship culture, total factor productivity growth and technical progress: Patterns of convergence towards the technological frontier
dc.creator.none.fl_str_mv Colino, Alberto
Benito-Osorio, Diana
Rueda Armengot, Carlos|||0000-0001-5820-4282
author Colino, Alberto
author_facet Colino, Alberto
Benito-Osorio, Diana
Rueda Armengot, Carlos|||0000-0001-5820-4282
author_role author
author2 Benito-Osorio, Diana
Rueda Armengot, Carlos|||0000-0001-5820-4282
author2_role author
author
dc.contributor.none.fl_str_mv Departamento de Organización de Empresas
Escuela Técnica Superior de Ingeniería Industrial
Repositorio Institucional de la Universitat Politècnica de València Riunet
dc.subject.none.fl_str_mv Patterns of productivity growth
Technical progress
Technology frontier
Stock of knowledge
Panel data methods
Entrepreneurship
ORGANIZACION DE EMPRESAS
topic Patterns of productivity growth
Technical progress
Technology frontier
Stock of knowledge
Panel data methods
Entrepreneurship
ORGANIZACION DE EMPRESAS
description A firm's set of knowledge processes may be affected by the entrepreneurial culture of the country in which it is located. Total factor productivity, mainly associated with technical progress, accounts for most differences over time and across countries. In the present work we examine the determinants of total factor productivity growth in 26 OECD countries between 1965 and 2010, breaking them down into changes in technical efficiency and shifts in technology overtime. Using the US as the technology frontier, different patterns of productivity growth emerge between world technology leaders and countries with low initial levels of productivity. Whereas changes in efficiency seem to be the main result of the evolution in the stock of knowledge in technologically dependent economies, suggesting that less advanced economies can benefit from their relative backwardness, domestic research effort appears to be a relevant factor for technology leaders. (C) 2013 Elsevier Inc. All rights reserved.
publishDate 2014
dc.date.none.fl_str_mv 2014
2014-10-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://riunet.upv.es/handle/10251/59722
url https://riunet.upv.es/handle/10251/59722
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reserva de todos los derechos
http://rightsstatements.org/vocab/InC/1.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reserva de todos los derechos
http://rightsstatements.org/vocab/InC/1.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
instname:Universitat Politècnica de València (UPV)
instname_str Universitat Politècnica de València (UPV)
reponame_str RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
collection RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
repository.name.fl_str_mv
repository.mail.fl_str_mv
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