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The pure model of replicator dynamics though providing important insights in the evolution of markets has not found much of empirical support. This paper extends the model to the case of firms vertically integrated in value chains. We show that i) by taking value chains into account, the...
Persistent link: https://www.econbiz.de/10011428060
knowledge spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … innovative activity with a special emphasis on the role of knowledge spillovers. We investigate two major renewable energy … technologies or sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by …
Persistent link: https://www.econbiz.de/10014193730
to investigate possible crowdingout effects on the input side of the innovation process. Different specifications of R …
Persistent link: https://www.econbiz.de/10014070406
evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …
Persistent link: https://www.econbiz.de/10013093925
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments.Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10013095201
Persistent link: https://www.econbiz.de/10013095547
evidence for incentive and financing problems for private sector investment in innovation projects has provided ground for … governmental interventions to prevent welfare reducing underinvestment in innovation. However, the survey of the literature shows …
Persistent link: https://www.econbiz.de/10013069765
We develop a composite indicator measuring the performance of national innovation systems. The indicator takes into … assessment of preconditions for innovation by managers. We apply the methodology to a set of 17 industrialized countries on a …, social capital, trust and science and technology to achieve an assessment of a country's social climate for innovation. After …
Persistent link: https://www.econbiz.de/10013067921
This paper aims to synthesize previous user innovation policy proposals into an adapted system of innovation framework …, on which a future holistic user innovation policy for the household sector can be based. We do this in three steps. First …, we introduce the systems of innovation framework as a comprehensive basis for a holistic approach to innovation policy …
Persistent link: https://www.econbiz.de/10013270226