Showing 1 - 10 of 93
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10008467316
We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally autonomous firms spanning both within and across national borders. Exploiting a unique dataset of 270,474 headquarters controlling more than 1,500,000 (domestic and foreign)...
Persistent link: https://www.econbiz.de/10010640989
The paper analyzes the optimal structure of board of directors in a firm with ownership concentrated in the hands of a large shareholder who sits on the board. We focus our attention on the choice between one-tier board who performs all tasks and two-tier board where the management board is in...
Persistent link: https://www.econbiz.de/10005570374
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This...
Persistent link: https://www.econbiz.de/10004965187
on innovation activities. In addition, we find that price-based policy instruments are more effective in fostering …
Persistent link: https://www.econbiz.de/10009002692
environmental regulation on innovation and on productivity generally in separate analyses and mostly focusing on the USA. The few … existing studies focusing on Europe investigate the effect of environmental regulation either on green innovation or on … performance indicators such as exports. We instead look at overall innovation and productivity impact that are the most relevant …
Persistent link: https://www.econbiz.de/10010941067
We study the interactions between technological innovation, investment in human capital and child labor. In our setting … firms decide on innovation, then households decide on education. In equilibrium the presence of inefficient child labor … on child labor are welfare reducing, while a subsidy to innovation is the right tool to eliminate child labor and …
Persistent link: https://www.econbiz.de/10005423060
This paper analyses the effect of skilled migration on two measures of innovation, patenting and citations of … diversity consistently increases the innovation performance of European Countries. …
Persistent link: https://www.econbiz.de/10010584502
This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can …, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we … indirectly by inducing a smaller proportion of the labor force to engage in innovation. …
Persistent link: https://www.econbiz.de/10005230839
energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy …
Persistent link: https://www.econbiz.de/10008642155