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The Learning Process and Technological Change in Wind Power: Evidence from China's CDM Wind Projects

Tang, Tian; Popp, David - CESifo - 2014

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

Environmental Policy Design and the Fragmentation of International Markets for Innovation

Johnstone, Nick; Hascic, Ivan - CESifo - 2009

It has long been argued that the implementation of market-based environmental policy instruments such as environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of regulation such as technology-based standards. One of the...

Persistent link: https://www.econbiz.de/10005000383

Intellectual Property Rights, Technology Transfer and Exports in Developing Countries

Yang, Lei; Maskus, Keith E. - CESifo - 2008

We develop a model to analyze one mechanism under which stronger intellectual property rights (IPR) protection may improve the ability of firms in developing countries to break intoexport markets. A Northern firm with a superior process technology chooses either exports or technology transfer...

Persistent link: https://www.econbiz.de/10005406245

Entrepreneurship, Economic Conditions, and the Great Recession

Fairlie, Robert W. - CESifo - 2013

opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …

Persistent link: https://www.econbiz.de/10010877680

How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013

Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...

Persistent link: https://www.econbiz.de/10010877694

Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited

Fairlie, Robert W.; Krashinsky, Harry A. - CESifo - 2012

A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …

Persistent link: https://www.econbiz.de/10010877695

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...

Persistent link: https://www.econbiz.de/10010877893

Homeownership and Entrepreneurship: The Role of Mortgage Debt and Commitment

Bracke, Philippe; Hilber, Christian; Silva, Olmo - CESifo - 2014

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

Persistent link: https://www.econbiz.de/10010948829

Behind the GATE Experiment: Evidence on Effects of and Rationales for Subsidized Entrepreneurship Training

Fairlie, Robert W.; Karlan, Dean; Zinman, Jonathan - CESifo - 2014

Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate …

Persistent link: https://www.econbiz.de/10010948873

Do Entrepreneurs Matter?

Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...

Persistent link: https://www.econbiz.de/10010607007