Similar Search Results

Innovation, Market Structure and Economic Growth

Palma, Nuno Pedro Gonçalves - EconWPA - 2004

This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation …: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market … structure in different markets emerges as a consequence of different investment on innovation opportunities. Main variables that …

Persistent link: https://www.econbiz.de/10005134434

A Theory of Technology Diffusion

Mukoyama, Toshihiko - EconWPA - 2003

What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...

Persistent link: https://www.econbiz.de/10005126129

What Drives Trade-related R&D Spillovers? Decomposing Knowledge- diffusing Trade Flows

Bitzer, Jürgen; Geishecker, Ingo - EconWPA - 2005

Our paper decomposes knowledge-diffusing trade flows and estimates their impacts separately. Overall, trade generates positive knowledge spillovers, but the effects of intra-industry trade are ambiguous. With regard to sectoral import penetration, we find that potential positive spillovers are...

Persistent link: https://www.econbiz.de/10005408066

Firm's R&D Behavior Under Rational Expectations

Raut, Lakshmi K. - EconWPA - 1997

This paper formulates dynamic R\&D investment decisions of private firms as an optimal stochastic control problem. It derives explicitly R\&D investment decision rule and the cross equations parameter restrictions imposed by the rational expectations hypothesis, using the Riccati equations only...

Persistent link: https://www.econbiz.de/10005062400

To B or Not To B: A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model

Xie, Danyang - EconWPA - 2002

by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore …

Persistent link: https://www.econbiz.de/10005408261

Human Capital Composition, R&D and the Increasing Role of Services

Sequeira, Tiago; Reis, Ana Balcão - EconWPA - 2004

A growth model with endogenous innovation and accumulation of high-tech and low- tech human capital is developed. The …

Persistent link: https://www.econbiz.de/10005118667

Deregulation, Restructuring and Changing R&D Paradigms in the US Electric Utility Industry

Sanyal, Paroma; Cohen, Linda R. - EconWPA - 2005

This paper studies the impact of electricity deregulation and restructuring on research and development (R&D) expenditures of investor owned utilities. The differing pace of deregulation in the fifty states provides heterogeneity in institutional structure and competitive forces, and showcases...

Persistent link: https://www.econbiz.de/10005561429

L’hypothèse de la triple hélice dans le dispositif français d’innovation : L’hypothèse de la triple hélice dans le dispositif français d’innovation : le cas de l'Auvergne...

Lamy, Erwan; Levratto, Nadine - EconWPA - 2004

This paper aims at showing how the Research and innovation Act of July 1999 modifies (stimulates?) the role of the … of firms profit from these devices? Do the structures of support for innovation at the regional level deploy their … example the case of Auvergne, we will seek to show in what sense the organisational mode of the innovation which prevails …

Persistent link: https://www.econbiz.de/10005412959

Innovation and Market Value

Hall, Bronwyn H. - EconWPA - 1999

is briefly presented. Then the empirical literature that relates Tobin's q to R&D and patent measures is surveyed and new … corporation is strongly related to its knowledge assets, and that the patent measures contain information about this value above …

Persistent link: https://www.econbiz.de/10005413048