Showing 1 - 10 of 18
An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is …
Persistent link: https://www.econbiz.de/10011084016
Convergence in per capita income across countries turns on whether technological knowledge spillovers are global or local in a large class of models. This Paper estimates the amount of spillovers from R&D expenditures in major industrialized countries on a geographic basis. A new data set is...
Persistent link: https://www.econbiz.de/10005124371
This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in … labour-shedding and from innovation, which in turn was fuelled by innovative input suppliers and by multinationals bringing …
Persistent link: https://www.econbiz.de/10005661768
productivity and the rate of innovation. These predictions accord well with the results from our firm interviews. The model …
Persistent link: https://www.econbiz.de/10009275963
paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …
Persistent link: https://www.econbiz.de/10008784763
An upstream firm can license its innovation to downstream firms that have to exert further development effort. There …
Persistent link: https://www.econbiz.de/10005497972
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10005504700
We study a two-period moral hazard problem with risk-neutral and wealth-constrained agents and three identical tasks. We show that the allocation of tasks over time is important if there is a capacity constraint on the number of tasks that can be performed in one period. We characterize the...
Persistent link: https://www.econbiz.de/10005067477
In the wake of falling trade costs, two central consequences in the importing economy are, first, that stronger competition through increased imports can lead to market share reallocations among domestic firms with different productivity levels (selection). Second, the increase in imports might...
Persistent link: https://www.econbiz.de/10005791511
challenges for future empirical research, as well as the need for additional data on technology and innovation. …
Persistent link: https://www.econbiz.de/10008577803