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Innovation vs imitation and the evolution of productivity distributions

König, Michael; Lorenz, Jan; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2012

We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the emergence of real world empirical productivity distributions. Firms can improve productivity by engaging in in-house R&D, or alternatively, by trying to imitate other firms’...

Persistent link: https://www.econbiz.de/10011083921

Information Sharing and Cumulative Innovation in Business Networks

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

How can we explain the success of cooperative networks of firms that share innovations, such as Silicon Valley or the Open Source community? This Paper shows that if innovations are cumulative, making an invention publicly available to a network of firms may be valuable if the firm expects to...

Persistent link: https://www.econbiz.de/10005666989

The Macroeconomics of Knowledge Management: Internal Hold-Up versus Technological Competition

Thoenig, Mathias; Verdier, Thierry - C.E.P.R. Discussion Papers - 2004

This Paper investigates the links between the nature of contractual relationships within firms, the strength of information flows spreading between firms and the dynamics of technological competition. At the firm level, we focus on the corporate incentives to design Knowledge Management policies...

Persistent link: https://www.econbiz.de/10005498111

Factors and Effects of Trade Reorientation in Hungary

Halpern, László - C.E.P.R. Discussion Papers - 1993

The collapse of the CMEA completed the Hungarian trade reorientation during the second half of the 1980s. Panel model estimations of trade reorientation reveal that cost efficiency, export subsidy and foreign demand played important and varying roles between 1981 and 1990. During the last two...

Persistent link: https://www.econbiz.de/10005666895

Religion and Innovation

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

individual level, examining the relationship between religiosity and a broad set of pro- or anti-innovation attitudes in all five … waves of the World Values Survey (1980 to 2005). We thus relate eleven indicators of individual openness to innovation … innovation. …

Persistent link: https://www.econbiz.de/10011213308

Taxation and the International Mobility of Inventors

Akcigit, Ufuk; Baslandze, Salomé; Stantcheva, Stefanie - C.E.P.R. Discussion Papers - 2015

This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...

Persistent link: https://www.econbiz.de/10011272707

Forbidden Fruits: The Political Economy of Science, Religion, and Growth

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Persistent link: https://www.econbiz.de/10011262883

The Berlin Stock Exchange in Imperial Germany – a Market for New Technology?

Lehmann, Sibylle; Streb, Jochen - C.E.P.R. Discussion Papers - 2015

Analysing 474 cases of firms going public in the German capital between 1892 and 1913, we show that innovative firms could rely on the Berlin stock market as a source of financing. The data also reveal that initial public offerings (IPO) of innovative firms were characterized by particularly low...

Persistent link: https://www.econbiz.de/10011266534

Firm collaboration and modes of innovation in Norway

Fitjar, Rune Dahl; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2011

This paper examines the sources of firm product and process innovation in Norway. It uses a purpose-built survey of ….’s (2007) contention that firm innovation is both the result of ‘science, technology and innovation’ (STI) and ‘doing, using … innovation and that both STI and DUI-modes of interaction matter. However, it also shows that DUI modes of interaction outside …

Persistent link: https://www.econbiz.de/10009225958

Venture Capital, Patenting, and Usefulness of Innovations

Fabrizi, Simona; Lippert, Steffen; Norbäck, Pehr-Johan; … - C.E.P.R. Discussion Papers - 2011

We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...

Persistent link: https://www.econbiz.de/10009643508

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