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Environmental Policy Design and the Fragmentation of International Markets for Innovation
Johnstone, Nick; Hascic, Ivan - CESifo - 2009
environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … aspects of product and labour market regulation which have implications for technological innovation, such as product and …
Persistent link: https://www.econbiz.de/10005000383
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A Strategic R&D Investment with Flexible Development Time in Real Option Game Analysis
Villani, Giovanni - CESifo - 2009
The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...
Persistent link: https://www.econbiz.de/10005013067
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Green Paradox and Directed Technical Change: The Effect of Subsidies to Clean R&D
Daubanes, Julien; Grimaud, André; Rougé, Luc - CESifo - 2013
improvements in resource substitutes accelerate resource extraction. Sector-specific innovation activities are tantamount to …
Persistent link: https://www.econbiz.de/10010681217