Showing 1 - 10 of 64
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … entrepreneurial effort allocated to high-quality invention projects. Using data on patents granted to small firms and individuals, we …
Persistent link: https://www.econbiz.de/10010877893
destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …
Persistent link: https://www.econbiz.de/10010888453
This paper investigates the choice of an intellectual protection regime for a process innovation. We set up a multi …-stage model in which choosing between patent and trade secrecy is affected by three parameters : the patent strength defined as … the probability that the right is upheld by the court, the cost of imitating a patented innovation relative to the cost of …
Persistent link: https://www.econbiz.de/10005181619
Canada. The evidence provides weak support for optimal collusion in one industry, which is consistent with the idea that such …
Persistent link: https://www.econbiz.de/10009352229
Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...
Persistent link: https://www.econbiz.de/10005406303
We study the link between public enforcement of property rights, innovation investments, and economic growth in an …
Persistent link: https://www.econbiz.de/10009386354
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10010752785
discuss what standards are, how the process of standardization works, and how standards are related to induced innovation and … instruments. Finally we discuss how governments might contribute to eco-innovation by selecting, stimulating or creating (inter …
Persistent link: https://www.econbiz.de/10010667411
The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the...
Persistent link: https://www.econbiz.de/10005094166
The degree of endemic volatility in the number of firms and establishments varies considerably across industries. Examining the within-industry range of variation (max.-min.) of the number of firms over our sample period, the low and high values across U.S. manufacturing industries are 4 and...
Persistent link: https://www.econbiz.de/10005094208