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Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual’s decision to start a business is determined by his...
Persistent link: https://www.econbiz.de/10005094224
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...
Persistent link: https://www.econbiz.de/10005094393
This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …
Persistent link: https://www.econbiz.de/10005013049
of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining … productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …
Persistent link: https://www.econbiz.de/10005051504
may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10005051544
The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …
Persistent link: https://www.econbiz.de/10005137071
This study analyses 1400 research projects of the top 20 R&D-spending pharmaceuticals to identify the determinants of successful research projects. We provide clear evidence that externally sourced projects and projects involving biotechnologies perform better than internal projects and chemical...
Persistent link: https://www.econbiz.de/10005137162
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …
Persistent link: https://www.econbiz.de/10005137206
The purpose of this paper is to introduce a series of articles on the links between innovation, the evolution of … Innovation, Industry Evolution and Employment published by Cambridge University Press in 1999. The continued rising unemployment … been the former, while the continental Europeans have chosen the latter. The purpose the thirteen articles of Innovation …
Persistent link: https://www.econbiz.de/10005137219
, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …
Persistent link: https://www.econbiz.de/10005137228