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R&D, Socio-Economic Conditions and Regional Innovation in the United States
Crescenzi, Riccardo; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012
This paper looks at the genesis of innovation in the United States from a territorial perspective. The analysis aims to … disentangle the impact of local R&D expenditure from other contextual conditions supportive of the process of innovation …. Particular emphasis is devoted to the role of socio-economic factors and systems of innovation conditions (‘social filter …
Persistent link: https://www.econbiz.de/10011083285
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Innovation and spatial inequality in Europe and USA
Lee, Neil; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2012
Innovation is a crucial driver of urban and regional economic success. Innovative cities and regions tend to grow … small body of innovators gain relative to others, innovation may lead to inequality. The evidence on this point is … first comparative evidence on the link between innovation and inequality in a continental perspective. Using micro data from …
Persistent link: https://www.econbiz.de/10011083831
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Currency Substitution in a Two-Asset Two-Country Model: A Simulation Approach
Artis, Michael J; Gazioglu, Saziye - C.E.P.R. Discussion Papers - 1986
The paper reports results obtained from the simulation of a two-country model in which the real and financial sectors are integrated under an assumption of rational expectations and steady-state inflationary equilibria. The government of each country issues a single financial asset ("currency")...
Persistent link: https://www.econbiz.de/10005661801
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Ranking Journals by Concentration of Author Affiliation: Thirty-Five Years of Finance Research
Lasser, Dennis; Rydqvist, Kristian - C.E.P.R. Discussion Papers - 2006
This paper presents a new metric for journal ranking that has the advantage of ranking more journals with a longer time-series at a low cost relative to impact factors and survey-based methods. We simultaneously rank journals and institutions by the degree of concentration of top journal...
Persistent link: https://www.econbiz.de/10005067372
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Incentives and Invention in Universities
Lach, Saul; Schankerman, Mark - C.E.P.R. Discussion Papers - 2003
Using data on U.S. universities, we show that universities that give higher royalty shares to faculty scientists generate greater license income, controlling for university size, academic quality, research funding and other factors. We use pre-sample data on university patenting to control for...
Persistent link: https://www.econbiz.de/10005662368
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Tying Trade Flows: A Theory of Countertrade
Marin, Dalia; Schnitzer, Monika - C.E.P.R. Discussion Papers - 1994
A countertrade contract ties an export to an import. Usually, countertrade is seen as a form of bilateralism and reciprocity and thus as an inefficient form of international exchange. In this paper we argue that there are circumstances where the tying of two technologically unrelated trade flows...
Persistent link: https://www.econbiz.de/10005666642
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Harnessing Success: Determinants of University Technology Licensing Performance
Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2007
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10005667018
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Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
Görg, Holger; Greenaway, David - C.E.P.R. Discussion Papers - 2002
Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports...
Persistent link: https://www.econbiz.de/10005791599
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Mode of Foreign Entry, Technology Transfer, and FDI Policy
Mattoo, Aaditya; Olarreaga, Marcelo; Saggi, Kamal - C.E.P.R. Discussion Papers - 2001
Foreign direct investment (FDI) can take place either through the direct entry of foreign firms or the acquisition of existing domestic firms. The preferences of a foreign firm and the host country government over these two modes of FDI are examined in the presence of costly technology transfer....
Persistent link: https://www.econbiz.de/10005792426
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The Gravity of Knowledge
Keller, Wolfgang; Yeaple, Stephen R - C.E.P.R. Discussion Papers - 2009
How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign a¢ liates in either embodied (traded intermediates) or disembodied...
Persistent link: https://www.econbiz.de/10008558594