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Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model: Transitional Dynamics and Welfare Evaluation

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10011259176

Switching from Patents to an Intertemporal Bounty in a Non-Scale Growth Model

Lin, Hwan C. - Volkswirtschaftliche Fakultät, … - 2012

The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …

Persistent link: https://www.econbiz.de/10010729014

An endogenous growth model with quality ladders and consumers’ heterogeneity

Marasco, Antonio - Volkswirtschaftliche Fakultät, … - 2002

This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is modelled through non homothetic preferences. We show that in such a model, unlike mainstream quality ladders models, the steady state equilibrium is characterised by a duopoly were...

Persistent link: https://www.econbiz.de/10005837179

How Do Firing Costs Affect Innovation and Growth when Workers' Ability is Unknown? – Employment Protection as a Burden on a Firm's Screening Process

Berdugo, Binyamin; Hadad, Sharon - Volkswirtschaftliche Fakultät, … - 2008

This paper analyzes the implication of employment protection legislation on a firm's screening process. We present a model in which human-capital-intensive firms (high-tech) with imperfect information about their workers' type attempt during a trial period to identify those incompetent workers...

Persistent link: https://www.econbiz.de/10005616679

Technology, Growth and Trade: Schumpeterian Perspectives

Fagerberg, Jan - Volkswirtschaftliche Fakultät, … - 1988

uses the Schumpeterian model of innovation-diffusion as a framework for the study of "why growth rates differ" between …. Chapter 4, which focuses on the relation between innovation-diffusion, structural changes in world trade and export … material to discuss the implications of innovation-diffusion for changes in specialization patterns/intra-industry trade. The …

Persistent link: https://www.econbiz.de/10011108987

Patents as Collateral

Chatelain, Jean-Bernard; Ralf, Kirsten; Bruno, Amable - Volkswirtschaftliche Fakultät, … - 2010

This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....

Persistent link: https://www.econbiz.de/10011114166