Showing 1 - 10 of 589
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10012458720
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10012475836
, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent … of new firm entry, but rather by a small subset of high-growth startups that are primarily categorized as innovation …-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We …
Persistent link: https://www.econbiz.de/10012599280
the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …
Persistent link: https://www.econbiz.de/10012479388
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … 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
of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …
Persistent link: https://www.econbiz.de/10012480704
Innovation is important for firm performance and broader economic growth. But breakthrough innovations necessarily … effect on the rate of breakthrough innovation and the profitability of firms …
Persistent link: https://www.econbiz.de/10012482028
effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …
Persistent link: https://www.econbiz.de/10012461940
Our histories depart somewhat from the bulk of the energy innovation policy literature in focusing attention on the … role of vigorous competition - particularly entry - in stimulating innovation, suggesting that in several industries a mix … stimulating innovation by encouraging extensive competition and entry by newly founded firms. Many of the most innovative …
Persistent link: https://www.econbiz.de/10012462128
Irving Berlin and Cole Porter were two of the great experimental songwriters of the Golden Era. They aimed to create songs that were clear and universal. Their ability to do this improved throughout much of their careers, as their skill in using language to create simple and poignant images...
Persistent link: https://www.econbiz.de/10012463138