future of innovation? First-rate inventions in the 1990s, notably the web and user-friendly business productivity software … markets that welcome innovation, while Europe remains under the control of corporatist institutions that dampen competition …

, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make … potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms …-economic research, we discuss vices and virtues of the many ways to induce potential suppliers to create and sell innovations. We …

observed price patterns. The high volatility results from high uncertainty about the average productivity of a new technology …. Investors learn about this productivity before deciding whether to adopt the technology on a large scale. For technologies that … railroad technology by the late 1850s. …

We measure the impact of a drastic new technology for producing steel, the minimill, on the aggregate productivity of U …'s productivity is linked to this new technology, and operates through two distinct mechanisms. First, minimills displaced the older … technology, called vertically integrated production, and this reallocation of output was responsible for a third of the increase …

This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign …

-intensive technology because a lowering of variable costs requires additional use of skilled labour. This way, we establish a link between … trade, technology and relative returns to skilled and unskilled labour. Moreover, we show that as market integration …

future research. …

of knowledge and technology in economic growth. …