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potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We …
Persistent link: https://www.econbiz.de/10005791875
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
endogenous share opts for innovation and faces credit constraints in the subsequent expansion phase. We emphasize four results …: (i) R&D subsidies not only encourage innovation but also relax finance constraints and help innovative firms to exploit … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …
Persistent link: https://www.econbiz.de/10008468605
We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …
Persistent link: https://www.econbiz.de/10005123630
.74% per annum, of which the contribution of knowledge capital, our innovation measure, was 1.24% pa. In turn, manufacturing …We (a) propose an implementable innovation index, (b) relate it to existing innovation definitions and (c) show whole …-economy and industry-specific results for the UK market sector, 2000-2005. Our innovation measure starts by observing that we …
Persistent link: https://www.econbiz.de/10005124259
regard to the capital gains tax, innovation subsidy, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10005497714
-country dynamic Ricardian model with endogenous innovation and hold-up problems, the value chain consists of two activities …, innovation and production. Entry in the market happens through R&D and entrants face two decisions. The 'location decision … perform innovation and production within the same vertically integrated structure or not. In this framework, the quality of …
Persistent link: https://www.econbiz.de/10005498068
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10009150949
This paper provides an update of the NESTA Innovation Index and tries to calculate some facts for the 'knowledge …) document UK intangible investment and (2) see how it contributes to economic growth. Regarding investment in knowledge …
Persistent link: https://www.econbiz.de/10011083550
innovation. In so doing, we model an industry in which R&D is performed by independent research labs and outsourcing production …
Persistent link: https://www.econbiz.de/10005661520