This paper proposes a theoretical framework for studying the invention of new products when demand is uncertain. In … this framework, under general conditions, the threat of ex post entry by a competitor can deter invention ex ante … operating system monopolist, by its mere presence, can deter the invention of complements, to its own detriment as well as that …

Patent citation data are used in a growing body of economics and business research on technological diffusion. Research … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …

issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product …, process) and on the existence of a patent protection or not. We obtain a three-equation model that links the values of product … and process innovations to the value of patent protection. This model and the feature of the data imply the estimation of …

2002. In addition, the adoption of new e-business technologies by firms creates opportunities to conduct innovation, either …

Bank of Canada is interested in the efficient functioning of capital markets through each of its responsibilities for … conducted thus far suggests that Canadian capital markets are efficient for a capital market of Canada's size but are less …

A vital implication of unemployment persistence applies to the Bank of Canada's disinflation policies since it …

each type. Using national community and household data collected as part of a research project on rural Canada (The New …