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Economic theory tells us that abnormal industry and firm profits will not persist for any length of time. Any industry or firm making profits in excess of the normal rate of return will attract entrants and this competitive process will erode profits. A substantial amount of research however,...
Persistent link: https://www.econbiz.de/10005644916
demand and innovation are the key determinants for firm profitability; second that both technology adoption and R&D concur to …
Persistent link: https://www.econbiz.de/10008520841
The water-mill, though known in the Roman Empire from the second century BCE, did not come to enjoy any widespread use until the 4 th or 5 th centuries CE, and then chiefly in the West, which was then experiencing not only a rapid decline in the supply of slaves, but also widespread...
Persistent link: https://www.econbiz.de/10005704737
. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …
Persistent link: https://www.econbiz.de/10010885284
This article discusses the visions about nuclear breeder reactors, plans set out in the aftermath of World War II. This seemed like the ideal solution for future energy, and even small countries, as Sweden, launched breeder reactor programs. The breeder reactor never reached industrial...
Persistent link: https://www.econbiz.de/10004969812
This paper applies a CDM-model framework to depict the successive links (correlations) between (i) innovation … expenditure, (ii) innovation output, and (iii) firm productivity. The CDM model has become popular in many countries among … scholars using data from the Community Innovation Survey (CIS). First, the study contrasts a general structural OECD version of …
Persistent link: https://www.econbiz.de/10005771058
This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. By examining entrepreneurial ventures of ex-employees of firms with different R&D strategies three things emerge: First, firms with persistent R&D investments...
Persistent link: https://www.econbiz.de/10008552418
The issue of through what processes R&D collaboration with universities affects a firms’ innovation performance remains … under-researched. In particular, university relationships have not been fully integrated in the open innovation framework …. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation …
Persistent link: https://www.econbiz.de/10005419317
This paper asks whether there is evidence of higher innovation output from firms where there is more foreign activity … in terms of foreign direct investments (FDI), trade and collaboration on innovation, or if proximity between innovators … innovation. The most important aspect of the local milieu on innovation is skilled labour. …
Persistent link: https://www.econbiz.de/10005644941
with global, national, regional and local knowledge and innovation dynamics. In the text, we stress the importance to … understand the current changes of the global and their implications for knowledge generation and innovation. Treating knowledge … as a key resource for innovation shifts the focus from the innovation itself to the process of knowledge generation …
Persistent link: https://www.econbiz.de/10010741445