Showing 1 - 10 of 17
innovations have been introduced in the market. This paper applies a new method to identify innovations in patent databases by … forward citations. Further, successful innovations are most positively related to patent renewal. Based on the traditional … innovations can be predicted. The developed parameters may be used to identify innovations across sectors and regions in other …
Persistent link: https://www.econbiz.de/10011249390
External financing is important when inventors and small technology-based firms wish to commercialize their inventions. However, it is likely that problems related to adverse selection and moral hazard are present, and market failures occur, since inventors know more about the inventions than do...
Persistent link: https://www.econbiz.de/10005419541
According to Schumpeter, the creative process of economic development can be divided into three distinguishable stages of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian entrepreneur to also include the inventor in the innovation...
Persistent link: https://www.econbiz.de/10005645420
We propose nuclear capacity auctions as a means to improve the incentives for investing in nuclear power. A properly designed auction would (i) allocate the license to the most efficient bidder; (ii) sell the license if and only if new nuclear power was socially optimal. In particular, capacity...
Persistent link: https://www.econbiz.de/10009401717
Several recent articles claim that pre-tax income equlity promotes growth. Equality is argued to dampen demand for redistributive economic policies that tax returns to growth-enhancing activities such as investment. These results rest heavly on the assumption that pre-tax income equality is an...
Persistent link: https://www.econbiz.de/10005486495
investments is that thay have firm-pecific advantage with respect to host country firms. …
Persistent link: https://www.econbiz.de/10005486497
This paper shows that the liberalisation of foreign direct investment (FDI) tends to make the effect of labour costs on domestic investment and labour demand more negative.
Persistent link: https://www.econbiz.de/10005486502
This article argues that the body of foreign direct investment (FDI) literature in general and the ownership, location, and internalization (OLI) paradigm in particular would be enriched if finance-specific factors are explicitly incorporated as drivers of FDI. We suggest that financial...
Persistent link: https://www.econbiz.de/10005639286
The purpose of this paper is to examine the effects of European integration on the location of investments by Swedish …
Persistent link: https://www.econbiz.de/10005639295
This paper determines the equilibrium market structure in an international oligopoly which is opened up by a privatization.
Persistent link: https://www.econbiz.de/10005639308