Showing 1 - 10 of 646
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … because joint investments lead to higher TFP growth than individual investments. ICT earns on average an expected rate of … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …
Persistent link: https://www.econbiz.de/10012480697
Modern information technologies have greatly facilitated timely dissemination of information to a broad base of investors at low costs. To examine their effects on the real economy, we exploit the staggered implementation of the EDGAR system from 1993 to 1996 as a shock to information...
Persistent link: https://www.econbiz.de/10012481384
This paper addresses a longstanding puzzle involving the unbundling of services that has occurred over more than two decades in the U.S. advertising agency industry: How can the shift from the bundling to the unbundling of services be explained and what accounts for the slow pace of change?...
Persistent link: https://www.econbiz.de/10012464302
States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with … investments in organizational innovation. Past profits tend to be positively associated with organizational innovation. Employers … being part of a multi-establishment firm) are more likely to invest in organizational innovation. Investments in human …
Persistent link: https://www.econbiz.de/10012465497
manufacturing - to study the effects of new IT on product innovation, production process improvements, employee skills and work …
Persistent link: https://www.econbiz.de/10012466898
This paper argues that the late 1990s boom in ICT investment was unsustainable for both macro and micro reasons; we are … that supply does not create its own demand. Yet a failure of ICT investment to revive to the ebullient growth performance … conventional analyses have exaggerated the contribution of ICT investment to the post-1995 productivity performance. Productivity …
Persistent link: https://www.econbiz.de/10012469266
We empirically examine the effects of industry consortia on the coordination of innovation strategies of the members … enables influencing peers' innovation strategies related to compatibility standards …
Persistent link: https://www.econbiz.de/10012460481
) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find … that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for … innovation, and ICT investment being more important for productivity. For the median firm, rates of return to both investments …
Persistent link: https://www.econbiz.de/10012460606
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10012461404
the extent and direction of data-based innovation. We also show that the impact of privacy regulation can be extremely … heterogeneous. Therefore, we argue that digitization means that privacy policy is now a part of innovation policy …
Persistent link: https://www.econbiz.de/10012461534