Showing 1 - 10 of 1,863
In this paper, I examine the issues involved with sequential licensing of innovations. In particular, a model is … would not be optimal. Appropriate antitrust rules in the context of sequential innovations are then discussed. …
Persistent link: https://www.econbiz.de/10009275850
This paper proposes a reduced form model of dynamic duopoly in the context of heterogeneous innovations framework. Two … simultaneously. Every newly introduced product has its own dimension of quality-improving innovations and there is a continuum of … possible new products. In the area of quality innovations the costless imitation effect is modelled while in the area of …
Persistent link: https://www.econbiz.de/10010730092
This article deals with the relationships between luxury goods and innovations within the framework of a Socialist …, the emphasis is put on the coexistence of traditional methods and the different forms of innovations characterizing this … specific sector. These innovations can be scientific and technological ones, or linked to the production processes or to the …
Persistent link: https://www.econbiz.de/10011020697
properties: 1) the tail of the distribution of the productivity of innovations is a power law, and 2) the number of citations, i … the available empirical evidence on the productivity of innovations and on patent citations. …
Persistent link: https://www.econbiz.de/10010572372
We consider environments in which agents other than innovator receive the signals about the quality of innovation. We study whether mechanisms can be found which exploit market information to provide appropriate incentives for innovation. If such mechanisms are used, the innovator has incentives...
Persistent link: https://www.econbiz.de/10010576555
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10011277005
, incumbents' valuations of innovations are less negatively affected by increased competition than entrants' profits. This, in turn …, but not too strict, merger policy tends to increase the incentive for innovations for sale by ensuring the bidding … competition for the innovation, without reducing the total rents for innovations too much. …
Persistent link: https://www.econbiz.de/10005497863
This Paper presents a model of innovations and economic growth, in which patent rates emerge endogenously, as a result …-inefficient, as too many researchers look for the easy innovations, while too few search for the difficult ones. The third result is …
Persistent link: https://www.econbiz.de/10005662359
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...
Persistent link: https://www.econbiz.de/10008642886
Schumpeterian growth theory has operationalized Schumpeter’s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process that could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010869049