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Does Microsoft Stifle Innovation? Dominant Firms, Imitation and R&D Incentives

Cabral, Luís M B; Polak, Ben - C.E.P.R. Discussion Papers - 2004

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

Persistent link: https://www.econbiz.de/10005789049

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10005789082

The Circulation of Ideas: Firms Versus Markets

Hellmann, Thomas F; Perotti, Enrico C - C.E.P.R. Discussion Papers - 2006

environment that allows ideas to cross firm boundaries enhances the rate of innovation and creates a symbiotic relationship …

Persistent link: https://www.econbiz.de/10005789111

Motivation and Sorting in Open Source Software Innovation

Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2008

innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …

Persistent link: https://www.econbiz.de/10005789146

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2006

Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....

Persistent link: https://www.econbiz.de/10005791605

When Does Labor Scarcity Encourage Innovation?

Acemoglu, Daron - C.E.P.R. Discussion Papers - 2009

environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …

Persistent link: https://www.econbiz.de/10005791910

The Rules of Standard Setting Organizations: An Empirical Analysis

Chiao, Benjamin; Lerner, Josh; Tirole, Jean - C.E.P.R. Discussion Papers - 2007

This paper empirically explores standard-setting organizations’ policy choices. Consistent with Lerner-Tirole (2006), we find (a) a negative relationship between the extent to which an SSO is oriented to technology sponsors and the concession level required of sponsors and (b) a positive...

Persistent link: https://www.econbiz.de/10005792070

Entrepreneurs and New Ideas

Biais, Bruno; Perotti, Enrico C - C.E.P.R. Discussion Papers - 2003

Innovative ideas are novel combinations of productive resources potentially addressing an economic need (Schumpeter, 1926). Even promising ideas can be unprofitable if the proposed combination fails on at least one dimension, e.g., it is technically unfeasible or does not respond to a genuine...

Persistent link: https://www.econbiz.de/10005792312

Structural Change and the Kaldor Facts of Economic Growth

Foellmi, Reto; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2002

We present a model in which two of the most important features of the long-run growth process are reconciled: the massive changes in the structure of production and employment; and the Kaldor facts of economic growth. We assume that households expand their consumption along a hierarchy of needs...

Persistent link: https://www.econbiz.de/10005792315

Growth, Distance to Frontier and Composition of Human Capital

Aghion, Philippe; Meghir, Costas; Vandenbussche, Jérôme - C.E.P.R. Discussion Papers - 2005

innovation and imitation. We develop a theoretical model showing that skilled labour has a higher growth-enhancing effect closer … to the technological frontier under the reasonable assumption that innovation is a relatively more skill intensive …

Persistent link: https://www.econbiz.de/10005792394