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Wassily Kandinsky and Kazimir Malevich were both great Russian painters who became pioneers of abstract art during the second decade of the twentieth century. Yet the forms of their art differed radically, as did their artistic methods and goals. Kandinsky, an experimental artist, approached...
Persistent link: https://www.econbiz.de/10012466262
A key decision in research is whether to try out new ideas or build on more established ideas. In this paper, we evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for invention, their adoption as research inputs in the...
Persistent link: https://www.econbiz.de/10012457744
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … consistent with this pattern. Our measures of creative innovations proxy for innovation quality (average number of citations per … patent) and creativity (fraction of superstar innovators, the likelihood of a very high number of citations, and generality …
Persistent link: https://www.econbiz.de/10012458770
range of arts. It is now time to extend economic research on creativity, by applying this analysis to other intellectual … not only to understand, but perhaps also to increase, the creativity of these remarkable individuals, and to help others …. Yet creativity - a primary source of the technological change that drives economic growth - is largely the domain of …
Persistent link: https://www.econbiz.de/10012462629
Persistent link: https://www.econbiz.de/10000663281
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
This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10012463584
agenda to integrate major research streams treating innovation as an object of economic analysis into our standard models … outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary …
Persistent link: https://www.econbiz.de/10012466574
-run growth process. First, we review the implications of neoclassical growth theory and the more recent theories of 'endogenous …
Persistent link: https://www.econbiz.de/10012474415
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10012460065