Showing 41 - 50 of 94
The effect of human capital on growth and development has been somewhat neglected in economic literature. However, evidence has suggested the importance of engineering and technical skills to economic growth. Simultaneously, European Commission and OECD has presented data that reveal the...
Persistent link: https://www.econbiz.de/10005412820
Previous literature has mostly considered R&D and licensing activities separately. In this paper we examine the effect of licensing on R&D and social welfare. We show that the effect of licensing on the incentive for doing R&D is ambiguous and depends on the costs of doing R&D. We also show that...
Persistent link: https://www.econbiz.de/10005412874
from research institutions. Using data from the German innovation survey we investigate how firms are able to exploit … external knowledge by encouraging individuals’ involvement in a firm’s innovation projects. … organisation of knowledge sharing within a firm on the absorptive capacity of innovative firms for three different types of …
Persistent link: https://www.econbiz.de/10005412880
special innovation-related assets by acquiring firms with “superior” innovative performance; or acquirers seeking to acquire … high-tech companies they acquire. Using a large sample of acquisitions involving publicly traded firms from various … firms with “inferior” innovative performance in order to turn them around. We find evidence that acquisition is a very noisy …
Persistent link: https://www.econbiz.de/10005412905
Introducing fertility choice into an R&D-based semi-endogenous growth model makes it possible for the economy's long-run growth rate to be again fully endogenously determined. A positive growth rate along the balanced growth path requires a certain knife-edge assumption, though. In the usual...
Persistent link: https://www.econbiz.de/10005413008
The role of financial institutions and corporate governance in the conduct and performance of industrial firms …, especially in the area of technological innovation and international competition has been hotly debated in the recent past. The … results presented here are a contribution to the empirical evidence on the behavior of individual firms that exist in somewhat …
Persistent link: https://www.econbiz.de/10005413030
This paper formulates dynamic R\&D investment decisions of private firms as an optimal stochastic control problem. It … panel data on firms to deal with unobserved technological knowledge, to estimate the structural parameters, and to test the …
Persistent link: https://www.econbiz.de/10005062400
This paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving … technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms …
Persistent link: https://www.econbiz.de/10005062617
This paper formulates a model of optimal export decision of private firms and then empirically studies the effect of … firm size, R&D activities and competitiveness on export performance of Indian private firms during the period 1975 …-1986. The paper argues that the Cragg model is more appropriate to model firms’ export behavior than the commonly used Tobit …
Persistent link: https://www.econbiz.de/10005062654
With the expiry of the Pharmaceutical Industry Investment Program (PIIP) in 2004, the Commission was asked to conduct an evaluation of the program’s rationale, effectiveness and efficiency. The study commenced in August 2002. The Commission found that this assistance scheme had significant...
Persistent link: https://www.econbiz.de/10005077086