opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …

The underlying theoretical assumption of this paper is that if firms can imitate an innovation at a cost that is … substantially below the cost of the innovator to carry out the innovation, there may be little or no incentive to carry out the … innovation. Cost and time required for imitating new products and processes have an important effect on the incentives for …

Focused on the efficiency of the Russian innovation-fostering policy, the research is based on an empirical analysis of … innovation support tools are affected by crowding out private funds by public ones. Besides, innovation policy design and …

In recent years the Russian innovation policy has made a significant progress that manifests in developing its ‘tool … kit’, increasing resource base, etc. However it has not yet succeeded in improving business innovation activities that … 600 Russian industrial enterprises the authors analyze key features of innovation in Russian companies under economic …

of upgrading and innovation in companies, industries and clusters related to copyright-based activities. Public policy …

incentives for innovation in Russian companies taking into account the organization of industries — vertical or horizontal … vertically organized sectors that define innovation activeness in the economy (for example, mechanical engineering), the …

This study develops an R&D-based growth model with vertical and horizontal innovation to shed some light on the current … debate on whether patent protection stimulates or stifles innovation. We analyze the effects of patent protection in the form … of blocking patents. We show that patent protection changes the direction of innovation by having asymmetric effects on …