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Changing boundaries and structure of a technological system: lessons from UK retail banking
Consoli, Davide - EconWPA - 2005
This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...
Persistent link: https://www.econbiz.de/10005076877
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Changing boundaries and structure of a technological system: lessons from UK retail banking
Consoli, Davide - EconWPA - 2005
This article investigates the factors that have induced and shaped the process of industry evolution of banking in the United Kingdom and, in particular, the reorganization of the retail payments system. It will look at how the effects of technical progress within a changing regulatory framework...
Persistent link: https://www.econbiz.de/10005407652
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Peanut Butter Patents Versus the New Economy: Does the Increased Rate of Patenting Signal More Invention or Just Lower Standards?
Sanyal, Paroma - EconWPA - 2005
The rate of patenting in the U.S. has exploded in the last half of the 1990s. It is widely believed that the increase in patent grants is at least partly a result of the apparent decline in examination standards. There has been little exploration, however, of the theoretical prediction that a...
Persistent link: https://www.econbiz.de/10005561475
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Cash and the Counter: Capabilities and Preferences in the Demand for Banking Technologies
Consoli, Davide - EconWPA - 2005
trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …
Persistent link: https://www.econbiz.de/10005134450
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Cash and the Counter: Capabilities and Preferences in the Demand for Banking Technologies
Consoli, Davide - EconWPA - 2005
trial-and-error and learning by consuming. The key question that is addressed is: how do consumers deal with innovation? By … bringing together a number of threads within the innovation literature my claim is that consumers, akin to firms, follow …
Persistent link: https://www.econbiz.de/10005118834
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R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models
Hussinger, Katrin - EconWPA - 2004
This paper analyzes the effects of public subsidies on R&D expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment. Cross sectional data at the firm level is used. By applying parametric and...
Persistent link: https://www.econbiz.de/10005076604
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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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Invention under uncertainty and the threat of ex post entry
Miller, David A. - EconWPA - 2005
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. Asymmetric market power in the ex post market exacerbates the...
Persistent link: https://www.econbiz.de/10005134408
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Public provision of a private good: What is the point of the BSD license?
Gaudeul, Alex - EconWPA - 2005
Software is a potentially excludable public good. It is possible, at some cost, to exclude non-paying users from its consumption by using copyright law or technological restraints. Licensing the software under proprietary license terms makes of it a private good, licensing it under the BSD does...
Persistent link: https://www.econbiz.de/10005134417
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Innovation height, spillovers and TFP growth at the firm level: Evidence from French manufacturing
Emmanuel, DUGUET - EconWPA - 2004
firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different … innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property rights, and … formal internal research while, on the other hand, incremental innovations rely mostly on the adoption of equipment goods …
Persistent link: https://www.econbiz.de/10005407643