Showing 1 - 10 of 161
This article provides new insights into how geography shapes spatiotemporal variations in the propensity of actors from particular countries to file for non-resident patents in specific foreign economies. Our major contribution is to show that, in addition to bilateral exports and outward...
Persistent link: https://www.econbiz.de/10010745678
); reduce investment drastically (by 19); and reduce very substantially process innovation and information technology investment …
Persistent link: https://www.econbiz.de/10010746023
This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …
Persistent link: https://www.econbiz.de/10011125988
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10011126607
markets. Quality competition takes the form of vertical product differentiation or cost-reducing process innovation, which … in equilibrium. The main conclusions are that quality competition suffices to provide incentives for innovation at …
Persistent link: https://www.econbiz.de/10010928601
In an environment in which both buyers and sellers can undertake match specific investments, the presence of market competition for matches may solve hold-up and coordination problems generated by the absence of complete contingent contracts. In particular, this paper shows that when matching is...
Persistent link: https://www.econbiz.de/10010928710
This paper compares the leader and follower payoff in a duopoly game, as they arise in sequential play, with the Nash payoff in simultaneous play. If the game is symmetric, has a unique symmetric Nash equilibrium, and players' payoffs are monotonic in the opponent's choice along their own best...
Persistent link: https://www.econbiz.de/10010744848
This paper presents a pairwise matching model with two-sided information asymmetry to analyse the impact of information costs on endogenous network building and matching by information intermediaries. The framework innovates by examining the role of information costs on incentives for trade...
Persistent link: https://www.econbiz.de/10010745054
The existence of a negative relationship between cartel stability and the level of excess capacity in an industry has for a long time been the dominant view in the traditional IO literature. Recent supergame-theoretic contributions (e.g. Brock and Scheinkman, 1985) appear to show that this view...
Persistent link: https://www.econbiz.de/10010745124
This paper seeks to uncover why the pattern of equilibria in sequential merger games of a certain type is similar across a fairly wide class of models much studied in the literature. By developing general conditions characterising each element of the set of possible equilibria, I show that the...
Persistent link: https://www.econbiz.de/10010745143