Laggard firms, technology diffusion and its structural and policy determinants:
This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate resou...
Gespeichert in:
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| Weitere Verfasser: | , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2020
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| Schriftenreihe: | OECD Science, Technology and Industry Policy Papers
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| Schlagworte: | |
| Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
| Zusammenfassung: | This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate resource reallocation. Moreover, younger laggards converge faster toward the productivity frontier, suggesting that the composition of the laggard group matters for future productivity. Yet this report finds that laggards converge at a slower rate in highly digital- and skill-intensive industries, suggesting that there are barriers to technology and knowledge diffusion. This could help explain the much-debated productivity slowdown and the increased productivity dispersion. This report also finds that policies aimed at improving workers' skills, alleviating financial constraints to investments and increasing firms' absorptive capacity through direct R&D support can accelerate the diffusion of knowledge and technology, and help laggard firms to catch up |
| Beschreibung: | 1 Online-Ressource (91 Seiten) |
| DOI: | 10.1787/281bd7a9-en |
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Datensatz im Suchindex
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| author | Berlingieri, Giuseppe |
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| doi_str_mv | 10.1787/281bd7a9-en |
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| spelling | Berlingieri, Giuseppe Verfasser aut Laggard firms, technology diffusion and its structural and policy determinants Giuseppe Berlingieri ... [et al] Paris OECD Publishing 2020 1 Online-Ressource (91 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Science, Technology and Industry Policy Papers This paper provides new evidence on the main characteristics of laggard firms - firms in the bottom 40% of the productivity distribution - and their potential for productivity growth. It finds that laggards are on average younger and smaller than more productive firms, and matter for aggregate resource reallocation. Moreover, younger laggards converge faster toward the productivity frontier, suggesting that the composition of the laggard group matters for future productivity. Yet this report finds that laggards converge at a slower rate in highly digital- and skill-intensive industries, suggesting that there are barriers to technology and knowledge diffusion. This could help explain the much-debated productivity slowdown and the increased productivity dispersion. This report also finds that policies aimed at improving workers' skills, alleviating financial constraints to investments and increasing firms' absorptive capacity through direct R&D support can accelerate the diffusion of knowledge and technology, and help laggard firms to catch up Science and Technology Calligaris, Sara ctb Criscuolo, Chiara ctb Verlhac, Rudy ctb https://doi.org/10.1787/281bd7a9-en Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Berlingieri, Giuseppe Laggard firms, technology diffusion and its structural and policy determinants Science and Technology |
| title | Laggard firms, technology diffusion and its structural and policy determinants |
| title_auth | Laggard firms, technology diffusion and its structural and policy determinants |
| title_exact_search | Laggard firms, technology diffusion and its structural and policy determinants |
| title_exact_search_txtP | Laggard firms, technology diffusion and its structural and policy determinants |
| title_full | Laggard firms, technology diffusion and its structural and policy determinants Giuseppe Berlingieri ... [et al] |
| title_fullStr | Laggard firms, technology diffusion and its structural and policy determinants Giuseppe Berlingieri ... [et al] |
| title_full_unstemmed | Laggard firms, technology diffusion and its structural and policy determinants Giuseppe Berlingieri ... [et al] |
| title_short | Laggard firms, technology diffusion and its structural and policy determinants |
| title_sort | laggard firms technology diffusion and its structural and policy determinants |
| topic | Science and Technology |
| topic_facet | Science and Technology |
| url | https://doi.org/10.1787/281bd7a9-en |
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