Showing 31 - 40 of 66
We follow the careers 1981-2004 of 5401 star scientists listed in ISI HighlyCitedSM as most highly cited by their peers. Their number in a US region or a top-25 science and technology (S&T) country significantly increases the probability of firm entry in the S&T field in which they are working....
Persistent link: https://www.econbiz.de/10012465099
In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research and development, brands, and organization capital. What...
Persistent link: https://www.econbiz.de/10012465131
We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology …
Persistent link: https://www.econbiz.de/10012465770
encouragement of creation and innovation. Optimal policy depends on the quantitative strength of these two forces. We give a …
Persistent link: https://www.econbiz.de/10012465892
We study how barriers to competition---such as restrictions to business start-up and strict enforcement of covenants or IPR---affect the investment in knowledge capital when contracts are not enforceable. These barriers lower the competition for human capital and reduce the incentive to...
Persistent link: https://www.econbiz.de/10012466190
We perform an econometric investigation of the contribution of pharmaceutical innovation to mortality reduction and … pharmaceutical innovation, there would have been no increase and perhaps even a small decrease in mean age at death, and that new … drugs have increased life expectancy, and lifetime income, by about 0.75-1.0% per annum. The drug innovation measures are …
Persistent link: https://www.econbiz.de/10012472240
The Consumer Price Index (CPI) attempts to answer the question of how much more (or less) income does a consumer require to be as well off in period 1 as in period 0 given changes in prices, changes in the quality of goods, and the introduction of new goods (or the disappearance of existing...
Persistent link: https://www.econbiz.de/10012473929
The pace of industrial innovation and growth is shaped by many forces that interact in complicated ways. Profit …
Persistent link: https://www.econbiz.de/10012474586
. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being …
Persistent link: https://www.econbiz.de/10012474934
We develop a multi-country, dynamic general equilibrium model of product innovation and international trade to study …
Persistent link: https://www.econbiz.de/10012476492