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Distribution and Growth in an Economy with Limited Needs

Saint-Paul, Gilles - CESifo - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10005181434

Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Persistent link: https://www.econbiz.de/10010670799

Innovation Strategies in a Competitive Dynamic Setting

Lukach, Ruslan; Plasmans, Joseph; Kort, Peter M. - CESifo - 2005

This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...

Persistent link: https://www.econbiz.de/10005094393

R&D and Production Behavior of Asymmetric Duopoly Subject to Knowledge Spillovers

Plasmans, Joseph - CESifo - 2000

We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...

Persistent link: https://www.econbiz.de/10005094507

Growth Effects of non Proprietary Innovation

Saint-Paul, Gilles - CESifo - 2002

may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

Persistent link: https://www.econbiz.de/10005051544

Microeconometric Evidence of Financing Frictions and Innovative Activity

Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz; Loeff, … - CESifo - 2014

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Persistent link: https://www.econbiz.de/10010743448

Gift Exchange in the Workplace: Money or Attention?

Dur, Robert - CESifo - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10005181512

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