Research objectives and content
The research objectives are:
1) a sectoral analysis of learning-by-doing and human capital accumulation on the industry and firm levels for a highly innovative sector;
2) to derive general hypotheses on the nexes between technical progress and growth. These hypotheses will later form the input for an endogenous growth model.
3) A further objective of the research project will be to explore the relevance of historical innovation patterns for the current performance of shipbuilding firms.
The research content includes three major steps:
1) the description of technical change, innovation and growth within a representative part of the shipbuilding industry for which data can be made available. First hypotheses will be formulated with regard to the relevance of different inputs for growth. Quantitative measures to test these hypotheses will be developed;
2) an extended period of data collection and preparation on the firm level;
3) the quantitative analysis of the data and testing of the hypotheses.
Robust hypotheses will form the framework for a general growth model.
Training content (objective, benefit and expected impact)
The training objective is to gain experience in the performance of a quantitative historical analysis in an area related to former theoretical research. Econometric methods will be learnt and applied to enable the applicant to do empirical research in New Growth Theory.
Links with industry / industrial relevance (22)
Industry firms' archives will be used and discussions with shipbuilding firms' employees will be established to explore patterns of innovation, especially with regard to productivity improvements then and now.