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-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … 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
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
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
This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
Persistent link: https://www.econbiz.de/10012465419
Traditional U.S. industries with higher firm-specific stock return and fundamentals performance heterogeneity use information technology (IT) more intensively and post faster productivity growth in the late 20th century. We argue that elevated firm performance heterogeneity mechanically reflects...
Persistent link: https://www.econbiz.de/10012465644
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the adoption...
Persistent link: https://www.econbiz.de/10012456349
Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...
Persistent link: https://www.econbiz.de/10013362008
innovations that will replace current innovations imply that social benefits from innovation are not fully internalized. As a …
Persistent link: https://www.econbiz.de/10012461673
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
innovation by firms, and ask if it impacted firms more than 30 years later. We examine the innovation of firms with CEOs who …
Persistent link: https://www.econbiz.de/10012481690