Showing 1 - 10 of 23
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …
Persistent link: https://www.econbiz.de/10005791875
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
has changed the essential nature of innovation - driven by widespread access to the ability to replicate and improve … - remains the same. Hence a focus on endogenous innovation policy is as relevant today as it was 50 years ago. …
Persistent link: https://www.econbiz.de/10005150872
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10008615253
The impact of patent protection on biomedical innovation has been a controversial issue. Although a "medical anti … difficult to predict the impact of patenting on biomedical innovation in developing and least developed countries. This paper … develops a framework of analysis for the impact of patent rights on biomedical innovation in "technology follower" developing …
Persistent link: https://www.econbiz.de/10005150790
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
efficiency; provides further insight into why Open Source Software is a successful model of innovation and development in digital …
Persistent link: https://www.econbiz.de/10005067419
regard to the capital gains tax, innovation subsidy, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10005497714
We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...
Persistent link: https://www.econbiz.de/10005497933