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partnerships. Without these additional institutional elements, society risks fragmentation that imperil both income growth and … that shape market outcomes) with minimum risks. However,when societies become more equitable in ways that lead to greater …
Persistent link: https://www.econbiz.de/10005561601
This essay explores why firms would want to practice vaporware -- the issuance of intentionally false product announcements. In my model, a firm is able to release an upgraded version of its original product. However, consumers do not know the date at which the upgrade will first become...
Persistent link: https://www.econbiz.de/10005076858
innovation measures derived from patent data. We also find that the inverted-U relationship tends to be steeper when also R …
Persistent link: https://www.econbiz.de/10005134490
payments system. And third, regulatory and financial innovations, in addition to technological means, are found to be equally …
Persistent link: https://www.econbiz.de/10005134703
Short explanation of Schumpeter's concepts of dynamics, innovations and entrepreneurship. It is argued, that …
Persistent link: https://www.econbiz.de/10005062408
process. Another important contribution is modeling the effect of a random delay in the ‘pendency’ time as a stochastic …
Persistent link: https://www.econbiz.de/10005561418
the early 1980s, during a period of high inflation. It traces the modeling and policy implications of this framework. It …
Persistent link: https://www.econbiz.de/10005076785
from research institutions. Using data from the German innovation survey we investigate how firms are able to exploit … knowledge from external partners for successful innovation activities. The estimation results show that the determinants of … absorptive capacity differ with respect to the type of knowledge absorbed for innovation activities. In particular we find that …
Persistent link: https://www.econbiz.de/10005412880
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
are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …
Persistent link: https://www.econbiz.de/10005076906