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Learning for Employment, Innovating for Growth

Falkinger, Josef; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

productivity. Education as well as innovation and production require skilled labour as inputs. This and the fact that learning …

Persistent link: https://www.econbiz.de/10005114510

Profit Taxation, Innovation and the Financing of Heterogeneous Firms

Keuschnigg, Christian; Ribi, Evelyn - C.E.P.R. Discussion Papers - 2010

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

Offshoring and Product Innovation

Naghavi, Alireza; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2006

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

Patents in a Model of Endogenous Growth

O'Donoghue, Edward; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role of patents has been largely ignored. Second, we...

Persistent link: https://www.econbiz.de/10005136433

How Persistently do Firms Innovate?

Geroski, Paul A; Samiei, Hossein; Van Reenen, John - C.E.P.R. Discussion Papers - 1996

produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …

Persistent link: https://www.econbiz.de/10005136678

Optimal Public Policy for Venture Capital Backed Innovation

Keuschnigg, Christian - C.E.P.R. Discussion Papers - 2003

regard to the capital gains tax, innovation subsidy, public R&D spending and other policy initiatives. …

Persistent link: https://www.econbiz.de/10005497714

Contract Enforcement, Comparative Advantage and Long-Run Growth

Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2007

-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

Innovation, Trade, and Finance

Egger, Peter; Keuschnigg, Christian - C.E.P.R. Discussion Papers - 2011

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

Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

technical and a pecuniary externality resulting from the innovation process may generate multiple equilibria. Redistribution may …

Persistent link: https://www.econbiz.de/10005667010

An Applied Econometrician's View of Large Company Performance

Geroski, Paul A - C.E.P.R. Discussion Papers - 1998

This paper contains a brief survey of recent empirical work on the performance of large companies. It tries to pull together the literature in the form of six stylized facts, illustrating them with data drawn from a single sample. The paper concludes by highlighting the issues which are thrown...

Persistent link: https://www.econbiz.de/10005789166