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particular industry - standards generate potential for market power far beyond the legal protection conferred by patents. Patent …From the perspective of antitrust authorities, the multiplication of patents embodied in technology standards is a … source of concerns. Certainly it is necessary and efficient that patents owners derive a revenue from the use of the standard …
Persistent link: https://www.econbiz.de/10008789156
inventors in China, Japan, Korea and Taiwan. We analyse patents issued by the U.S. Patent and Trademark Office to thousands of …We provide new insights into the role of individual inventors in innovation. We focus our analysis on prolific …
Persistent link: https://www.econbiz.de/10010821506
How do financial markets respond to firms' efforts at innovation ? To answer this question, we measure innovation by … creating a synthetic indicator based on a firm's recent history of R&D expenditure and patent applications. We focus on four 2 …. Whilst standard regression techniques find a positive relationship between innovation and growth, quantile regression …
Persistent link: https://www.econbiz.de/10010750780
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10008855841
Investigations of long-run sustainability of joint ecological-economic systems highlight the pertinence of reconsidering "free disposal" assumptions that underpin Sraffian and von Neumann approaches to value and growth theory. We investigate joint-production time-paths for square systems A and B...
Persistent link: https://www.econbiz.de/10010699850
We propose an ethical viewpoint based on the possibility of the realization of the worst-case scenario in order to reduce future generations risks in terms of discounting. Applied to the question of conservation of a renewable resource, we show that an economy, where the social planner takes...
Persistent link: https://www.econbiz.de/10010750368
addressing here is: should uncertainty about future preferences lead to a more conservative attitude towards environment … environment than ours, but this result relies heavily on the assumption of a separability between consumption and environmental … (impatience, intertemporal flexibility, natural capacities of regeneration of the environment, relative preference for the …
Persistent link: https://www.econbiz.de/10010750447
We consider an overlapping generations model with environment and an elastic labor supply. In this framework, consumers …
Persistent link: https://www.econbiz.de/10010750468
the use of environmental services and so is a direct cause of environmental degradation. The environment is valued both as … marginal discount rate allows us to avoid the depletion of the environment. …
Persistent link: https://www.econbiz.de/10010750484
The Kyoto Protocol, which came in force in February 2005, allows countries to resort to «supplementary activities» consisting particularly in carbon sequestration in agricultural soils. Existing papers studying the optimal carbon sequestration recognize the importance of the temporality of...
Persistent link: https://www.econbiz.de/10010750832