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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
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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
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Innovation and Market Value
Hall, Bronwyn H. - EconWPA - 1999
This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation is briefly presented. Then the empirical literature...
Persistent link: https://www.econbiz.de/10005413048
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Complementarity, Search, and Price Dispersion
Rauh, Michael - EconWPA - 2005
We study an equilibrium sequential search model where buyers have potentially downward-sloping demand and with bilateral heterogeneity in buyers' search costs and firms' production costs. We show that downward- sloping demand and heterogeneity in production costs are necessary to ensure price...
Persistent link: https://www.econbiz.de/10005550870
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W.E. Johnson’s 1913 Paper and the Question of His Knowledge of Pareto
Moscati, Ivan - EconWPA - 2005
In 1913, the Cambridge logician W.E. Johnson published a famous article on demand theory in the Economic Journal. Although Johnson’s treatment of the subject strongly resembles the analysis set forth by Pareto in the Manual of Political Economy, Johnson does not cite the Italian economist....
Persistent link: https://www.econbiz.de/10005412541
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Spillovers Reconsidered: Analysing Economic Welfare under Complementarities in R&D
Graevenitz, Georg von - EconWPA - 2005
We analyse economic welfare in R&D intensive industries under varying assumptions on the spillover process. The focus lies on spillover processes with complementary R&D investments such as those modelling absorptive capacity. There spillovers give rise to both negative and positive...
Persistent link: https://www.econbiz.de/10005412967
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Productivity, adjustment costs and R&D investment prices An analysis of a panel of Spanish manufacturing companies
Pérez-López, Cesar; Romero-Jordan, Desiderio; … - EconWPA - 2004
This study analyses the role played by adjustment costs and R&D investment prices in total R&D productivity. The results show that on average, for each monetary unit increase in adjustment costs produces a fall in productivity of 0.034 monetary units.
Persistent link: https://www.econbiz.de/10005556044
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Growth and Employment Effects of Unions in a Simple Endogenous Growth Model
Lingens, Jorg - EconWPA - 2002
In this paper we analyse the effects of simultaneous union wage bargaining in a simple two sector growth model. We show that the overall employment effect of unionisation is ambiguous and depends on the relative sectoral wage. Besides the employment effects we analyse how unionisation changes...
Persistent link: https://www.econbiz.de/10005556720
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High-Tech Human Capital: Do The Richest Countries Invest the Most? (working-paper)
Sequeira, Tiago Neves - EconWPA - 2003
Research and Development (R&D) endogenous growth models predict and most evidence show that investment in R&D increases with economic development. We consider the type of human capital mainly used in research labs and show that the richest countries are investing proportionally less than middle...
Persistent link: https://www.econbiz.de/10005561343
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R&D and Patenting Activity and the Propensity to Acquire in High Technology Industries
Dessyllas, Panayotis; Hughes, Alan - EconWPA - 2005
following innovation- related factors on the propensity to acquire: R&D-intensity as a proxy for R&D inputs; the citation … smaller acquisitions can be seen as part of an innovation strategy by acquiring firms with relatively low levels of internal R …&D which seek to offset low R&D productivity by exploring a range of potential innovation trajectories in new and smaller …
Persistent link: https://www.econbiz.de/10005561400