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innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …
Persistent link: https://www.econbiz.de/10005789146
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010956728
This study shows for a large sample of R&D-active manufacturing firms over the period 2000-2009 that knowledge alliances have a positive effect on patenting in terms of both quantity and quality. However, when distinguishing between alliances that aim at joint creation of new knowledge and...
Persistent link: https://www.econbiz.de/10010956757
may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …
Persistent link: https://www.econbiz.de/10005662038
-focused patents are the socially efficient way to reward innovation, and also show when very short-lived but very broad patents are …
Persistent link: https://www.econbiz.de/10005656411
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so far, namely: (1) output fell, (2) capital shrank, (3)...
Persistent link: https://www.econbiz.de/10005114235
We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …
Persistent link: https://www.econbiz.de/10005123630
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and...
Persistent link: https://www.econbiz.de/10005124480
How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …
Persistent link: https://www.econbiz.de/10005114280
produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …
Persistent link: https://www.econbiz.de/10005136678