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From Imitation to Innovation : Where Is all that Chinese R&D Going?
König, Michael - 2020
We construct a model of firm dynamics with heterogeneous productivity and distortions. The productivity distribution evolves endogenously as the result of the decisions of firms seeking to upgrade their productivity over time. Firms can adopt two strategies toward that end: imitation and...
Persistent link: https://www.econbiz.de/10012481599
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The Risk of Caution : Evidence from an R&D Experiment
Carson, Richard - 2020
research and development decisions, we conducted three experiments with master's degree students in a program focused on the … intersection of business and technology. Study participants were asked to choose whether to fund hypothetical research projects … using a process that mirrors real-world research and development funding decisions. The experiments provided financial …
Persistent link: https://www.econbiz.de/10012482028
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Vertical Networks and US Auto Parts Exports : Is Japan Different?
Head, Keith - 2002
This paper develops a model in which upstream network insiders' conduct relationship specific investment that induces the downstream firm to transact within networks. The scale of destination-country production and part-specific measures of the importance of network relationships and engineering...
Persistent link: https://www.econbiz.de/10012469548
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Complementarity and Cost Reduction : Evidence from the Auto Supply Industry
Helper, Susan - 1997
Over the last 20 years, the success of Japanese manufacturing firms has brought renewed attention to the importance of cost reduction on existing products as a source of productivity growth. This paper uses survey data and field interviews from the auto supply industry to explore the...
Persistent link: https://www.econbiz.de/10012472784
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Implementing Results-Oriented Trade Policies : The Case of the US-Japanese Auto Parts Dispute
Krishna, Kala - 1996
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10012473162
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What Goes on Under the Hood? How Engineers Innovate in the Automotive Supply Chain
Helper, Susan - 2016
Some highlights from our original survey data include a wide range in terms of size and strategies of supply chain companies; a majority was small- to medium-sized, often family-owned. We observed barriers to patenting for manufacturing firms developing process rather than product innovations....
Persistent link: https://www.econbiz.de/10012456127
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Quantum Economic Advantage
Bova, Francesco; Goldfarb, Avi; Melko, Roger G. - National Bureau of Economic Research - 2022
A quantum computer exhibits a quantum advantage when it can perform a calculation that a classical computer is unable to complete. It follows that a company with a quantum computer would be a monopolist in the market for solving such a calculation if its only competitor was a company with a...
Persistent link: https://www.econbiz.de/10012938693
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FinTech, BigTech, and the Future of Banks
Stulz, René M. - 2019
Banks are unique in that they combine the production of liquid claims with loans. They can replicate most of what FinTech firms can do, but FinTech firms benefit from an uneven playing field in that they are less regulated than banks. The uneven playing field enables non-bank FinTech firms to...
Persistent link: https://www.econbiz.de/10012480257
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What is the Business of Business?
Nilsson, Andreas - 2017
This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...
Persistent link: https://www.econbiz.de/10012455177
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The Productivity Advantage of Serial Entrepreneurs
Shaw, Kathryn L. - 2017
Serial entrepreneurs, who open more than one business, are found to have higher sales and higher productivity than novice entrepreneurs, who open one business. Using panel data on entrepreneurs and their firms from Denmark for 2001-2013, the serial entrepreneur has 67% higher sales than the...
Persistent link: https://www.econbiz.de/10012455361