Showing 1 - 10 of 165
What obstacles prevent the most productive technologies from spreading to less developed economies from the world … distances between populations, and document how such distances, relative to the world'’s technological frontier, act as barriers …
Persistent link: https://www.econbiz.de/10011083750
In several interesting markets, demand is an increasing function of past sales because of learning, network externalities or fashion. This paper examines entry into such markets. The two key elements of the model are that firms are uncertain about the demand (and learn in a Bayesian fashion) and...
Persistent link: https://www.econbiz.de/10005661583
waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … innovation. …
Persistent link: https://www.econbiz.de/10011213308
contractible or when we preclude cooperation in long-term relationships, (ii) the rate of innovation in the cooperative equilibrium … period). In that case, for sufficiently slow diffusion, the innovation rate in the cooperative equilibrium may be higher than …
Persistent link: https://www.econbiz.de/10011201353
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …
Persistent link: https://www.econbiz.de/10008865973
treatments. The TRIPS Agreement, which specifies minimum levels of intellectual property protection for countries in the World … Trade Organization, has increased levels of patent protection around the world. Since patents also have the potential to …
Persistent link: https://www.econbiz.de/10009002387
This paper quantifies the relationship between market size and innovation in the pharmaceutical industry. We estimate … the elasticity of innovation, as measured by the number of new chemical entities appearing on the market for a given … the hypothesis that innovation in pharmaceuticals is becoming more difficult and expensive over time, as costs of …
Persistent link: https://www.econbiz.de/10009003149
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development — periods when legal …
Persistent link: https://www.econbiz.de/10009148877
innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …
Persistent link: https://www.econbiz.de/10009205060
dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values …
Persistent link: https://www.econbiz.de/10009365645