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Venture Capital and Industrial ''Innovation''
Hirukawa, Masayuki; Ueda, Masako - C.E.P.R. Discussion Papers - 2008
impact on patent count at industry level, and this impact is larger than that of R&D expenditures. We confirm that this … unprecedented growth. We then proceed to study if this positive impact of VC is also present on productivity growth, which is a … measure of innovation alternative to patent count. Unlike the impact on patent count, we do not find that VC investment …
Persistent link: https://www.econbiz.de/10005136420
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Everything You Always Wanted to Know about Inventors (But Never Asked): Evidence from the PatVal-EU Survey
Brusoni, Stefano; Crespi, Gustavo; Francoz, Dominique; … - C.E.P.R. Discussion Papers - 2006
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
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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...
Persistent link: https://www.econbiz.de/10008865973
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Rational parasites
Benoit, Jean-Pierre; Galbiati, Roberto; Henry, Emeric - C.E.P.R. Discussion Papers - 2013
show that investment can take place even without patent protection, as parasites limit their imitation to preserve the …
Persistent link: https://www.econbiz.de/10011083356
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The Weightless Economy in Economic Development
Quah, Danny - C.E.P.R. Discussion Papers - 1999
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
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Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Looses From It?
Fujita, Masahisa; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2002
This Paper proposes a two-region model of endogenous growth, which is a natural combination of a core-periphery model a la Krugman and of a model of endogenous growth a la Grossman/Helpman/Romer. Specifically, we add to the core-periphery model an R&D sector that uses skilled labour to create...
Persistent link: https://www.econbiz.de/10005662000
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Weather shocks and English wheat yields, 1690-1871
Brunt, Liam - C.E.P.R. Discussion Papers - 2015
reconcile the conflicting primal and dual estimates of productivity growth over the period. …
Persistent link: https://www.econbiz.de/10011249371
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Production Networks, Geography and Firm Performance
Bernard, Andrew B.; Moxnes, Andreas; Saito, Yukiko U. - C.E.P.R. Discussion Papers - 2015
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
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Spatial frictions
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - C.E.P.R. Discussion Papers - 2011
-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the nature …
Persistent link: https://www.econbiz.de/10009322503
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Effects of Deregulation and Vertical Unbundling on the Performance of China's Electricity Generation Sector
Gao, Hang; Van Biesebroeck, Johannes - C.E.P.R. Discussion Papers - 2011
productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …
Persistent link: https://www.econbiz.de/10009385757