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Business Method Patents, Innovation, and Policy

Hall, Bronwyn H. - 2003

The trickle of business method patents issued by the United States Patent Office became a flood after the State Street Bank decision in 1998. Many scholars, both legal and economic, have critiqued both the quality of these patents and the decision itself. This paper discusses the likely impact...

Persistent link: https://www.econbiz.de/10012468981

Understanding Media Markets in the Digital Age : Economics and Methodology

Danaher, Brett - 2013

Digitization raises a variety of important academic and managerial questions around firm strategies and public policies for the content industries, with many of these questions influenced by the erosion of copyright caused by Internet file-sharing. At the same time, digitization has created many...

Persistent link: https://www.econbiz.de/10012459027

Accelerating Vaccine Innovation for Emerging Infectious Diseases via Parallel Discovery

Barberio, Joseph; Becraft, Jacob; Ben Chaouch, Zied; … - National Bureau of Economic Research - 2022

We analyze the financial performance of a hypothetical portfolio of 120 mRNA vaccine candidates in the preclinical stage targeting 11 emerging infectious diseases. We calibrate the simulation parameters with input from domain experts in mRNA technology and an extensive literature review. We find...

Persistent link: https://www.econbiz.de/10013334345

Tech-Driven Intermediation in the Originate-to-Distribute Model

He, Zhiguo; Jiang, Sheila; Xu, Douglas - National Bureau of Economic Research - 2024

This paper develops a general equilibrium model to examine the role of information technology when intermediaries facilitate the origination and distribution of assets given information asymmetry. Information technology measures the informativeness of asset-quality signals received by...

Persistent link: https://www.econbiz.de/10014468252

Service Imports, Workforce Composition, and Firm Performance : Evidence from Finnish Microdata

Ariu, Andrea - 2019

This paper uses unique Finnish firm-level micro data on service imports, work- force composition, and firm characteristics to examine changes in employment composition and performance of Finnish service importers during a period of a significant increase in services imports (2002-2012). We use...

Persistent link: https://www.econbiz.de/10012480299

COVID-19 and SME Failures

Gourinchas, Pierre-Olivier - 2020

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in seventeen countries using a large representative firm-level database. We use a simple model of firm cost-minimization and measure each firm's liquidity shortfall during and after...

Persistent link: https://www.econbiz.de/10012481180

Relabeling, Retirement and Regret

Gruber, Jonathan - 2020

retirement system in Finland, featuring a relabeling of retirement ages with modest and continuous changes in financial …

Persistent link: https://www.econbiz.de/10012481389

COVID-19 and SMEs : A 2021 "Time Bomb"?

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - National Bureau of Economic Research - 2021

This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implemented in 2020, on their own, do not create a 2021 "time-bomb" for SMEs. Rather, business failures and policy costs remain...

Persistent link: https://www.econbiz.de/10012482634

The Finnish Great Depression : From Russia with Love

Gorodnichenko, Yuriy - 2009

During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the … of Soviet-Finnish trade can explain key features of Finland's Great Depression. We also show that Finland's Great … similar trade collapse. However, as a western democracy with developed capital markets and institutions, Finland faced none of …

Persistent link: https://www.econbiz.de/10012463774

Modeling Great Depressions : The Depression in Finland in the 1990s

Conesa, Juan Carlos - 2007

occurred in Finland in the early 1990s. We find that the sharp drop in real GDP over the period 1990-93 was driven by a … increases in government consumption during 1989-94, which drove down hours worked in Finland. We attempt to endogenize the drop …

Persistent link: https://www.econbiz.de/10012465055