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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. …
Persistent link: https://www.econbiz.de/10005067467
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …
Persistent link: https://www.econbiz.de/10005791875
routinized phase where innovation takes place within top-performing incumbents; (3) a second entrepreneurial phase characterized … routinization, in which no further innovation takes place, but is instead a phase of structural change. Using data on 74 West German …
Persistent link: https://www.econbiz.de/10005124213
technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …
Persistent link: https://www.econbiz.de/10008553070
differences, unobserved region-industry factor quality differences and variation in production technology across industries. We … findings, including multiple cones of diversification, region-industry technology differences, agglomeration, and increasing …
Persistent link: https://www.econbiz.de/10005123669
relationship between technology intensity and vertical integration from a simple incomplete contracts model. Then, we investigate … find that the technology intensities of downstream (producer) and upstream (supplier) industries have opposite effects on … measures of technology intensity, with alternative estimation strategies, and with or without controlling for a number of firm …
Persistent link: https://www.econbiz.de/10005123944
computerization instead of R&D as a measure of technology; (iv) in the Anglo-Saxon countries a maximum of one-third of the aggregate …
Persistent link: https://www.econbiz.de/10005124191
management, as a key factor. A model of the interaction between technology, organization and economic performance is then … adjustment in technology-using sectors if it is not suited to the social capabilities of the society; (4) reversal of …
Persistent link: https://www.econbiz.de/10005124451
Recent theoretical models argue that a bank’s organizational structure reflects its lending technology. A … communication technology, have a wider span of organization, and are further removed from a decision unit with lending authority … organizational structure and technology of rival banks in the vicinity influence local banking competition. …
Persistent link: https://www.econbiz.de/10005136523
Poor countries must specialize in standardized, labour-intensive commodities. Middle-income countries may have a richer menu of options available to them if their labour force is reasonably well-educated and skilled. This paper is motivated by the possibility that there may exist multiple...
Persistent link: https://www.econbiz.de/10005067410