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Bernard, Andrew B.; Fort, Teresa C - C.E.P.R. Discussion Papers - 2013

This paper documents the extent and characteristics of plants and firms in the US that are outside the manufacturing sector according to official government statistics but nonetheless are heavily involved in activities related to the production of manufactured goods. Using new data on...

Persistent link: https://www.econbiz.de/10011083862

Does Microsoft Stifle Innovation? Dominant Firms, Imitation and R&D Incentives

Cabral, Luís M B; Polak, Ben - C.E.P.R. Discussion Papers - 2004

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

Persistent link: https://www.econbiz.de/10005789049

Distance to Frontier, Selection, and Economic Growth

Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

Persistent link: https://www.econbiz.de/10005789082

The Circulation of Ideas: Firms Versus Markets

Hellmann, Thomas F; Perotti, Enrico C - C.E.P.R. Discussion Papers - 2006

environment that allows ideas to cross firm boundaries enhances the rate of innovation and creates a symbiotic relationship …

Persistent link: https://www.econbiz.de/10005789111

Motivation and Sorting in Open Source Software Innovation

Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2008

innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …

Persistent link: https://www.econbiz.de/10005789146

An Applied Econometrician's View of Large Company Performance

Geroski, Paul A - C.E.P.R. Discussion Papers - 1998

This paper contains a brief survey of recent empirical work on the performance of large companies. It tries to pull together the literature in the form of six stylized facts, illustrating them with data drawn from a single sample. The paper concludes by highlighting the issues which are thrown...

Persistent link: https://www.econbiz.de/10005789166

Nursery Cities: Urban Diversity, Process Innovation, and the Life-Cycle of Products

Duranton, Gilles; Puga, Diego - C.E.P.R. Discussion Papers - 2000

Why are some cities specialized and others diversified? What are the advantages and disadvantages of urban specialization and diversity? To what extent does the structure of cities, and the activities of firms and people in them, change over time? How does the sectoral composition of cities...

Persistent link: https://www.econbiz.de/10005791261

The Creation and Capture of Rents: Wages and Innovation in a Panel of UK Companies

Van Reenen, John - C.E.P.R. Discussion Papers - 1994

This paper examines the impact of technological innovation on wages using a panel of UK manufacturing firms. We utilize …. Innovating firms are found to have higher average wages, but rival innovation tends to depress own wages. This appears consistent … with a model where wages are partly determined by a sharing in the rents generated by innovation. In other words innovation …

Persistent link: https://www.econbiz.de/10005791279

Asymmetric Information, Agency Costs and Innovative Entry

Audretsch, David B - C.E.P.R. Discussion Papers - 1994

the value of their potential innovation in industries characterized by a greater degree of knowledge asymmetries. Based on …

Persistent link: https://www.econbiz.de/10005791501

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2006

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