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The Long-Run Evolution of Infrastructure Services

Goldsmith, Hugh - CESifo - 2014

This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, and …

Persistent link: https://www.econbiz.de/10011082831

Multitasking and Wages

Görlich, Dennis; Snower, Dennis - CESifo - 2013

This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...

Persistent link: https://www.econbiz.de/10010877910

Immigration and Entrepreneurship

Fairlie, Robert W.; Lofstrom, Magnus - CESifo - 2015

Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This …

Persistent link: https://www.econbiz.de/10011257678

Entrepreneurial Innovations and Taxation

Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - CESifo - 2011

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

Persistent link: https://www.econbiz.de/10009024844

The Economics of Pending Patents

Koenen, Johannes; Peitz, Martin - CESifo - 2011

We provide a treatment of a number of questions pertaining to pending patents – a subject that has so-far mainly been discussed en-passant in the existing literature. We present the underlying institutional and legal framework that governs pending patents and some basic facts related to them....

Persistent link: https://www.econbiz.de/10009371351

Innovation, Trade, and Finance

Egger, Peter; Keuschnigg, Christian - CESifo - 2011

This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...

Persistent link: https://www.econbiz.de/10009228619

Incentives and Creativity in Groups

Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...

Persistent link: https://www.econbiz.de/10010690377

The Role of Human Capital and Innovation in Prussian Economic Development

Cinnirella, Francesco; Streb, Jochen - CESifo - 2013

causal effect of human capital on income, net of the innovation channel. …

Persistent link: https://www.econbiz.de/10010693473

Cumulative Innovation, Growth and Welfare-Improving Patent Policy

Chor, Davin; Lai, Edwin L.-C. - CESifo - 2013

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

Persistent link: https://www.econbiz.de/10010697223

Are Ex Ante and Ex Post Licensing Agreements Useful Instruments to Lessen Uncertainty in R&D?

Siebert, Ralph - CESifo - 2013

In the last decades, technologies became more complex which increased the degree of uncertainty in R&D. To overcome the uncertainty, firms frequently engage in R&D collaborations, e.g., Research Joint Ventures (RJVs), and licensing agreements. While RJVs are well explored in the literature, very...

Persistent link: https://www.econbiz.de/10010723531