Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10001899540
This article assesses the rate of obsolescence of patents with measurements of the rate in Japan. Our study departs from Parkes and Schankerman (1989) and Schankerman (1998) because of its application of the ordered probit model. The application of this model enables us to consider the case of...
Persistent link: https://www.econbiz.de/10005836191
This paper analyzes the role of innovation activities in the export participation of Chinese high-tech firms during the … firm-level innovation efforts, measured by R&D and product innovation dummies, play only a minor role for domestic … exporters. Foreign-invested firms dominate the high-tech exports but do not rely on indigenous innovation activities. These …
Persistent link: https://www.econbiz.de/10009203610
already visible, other influences are beginning to be felt – arising from China’s coordination, innovation and financing power. …
Persistent link: https://www.econbiz.de/10011257939
underlying inventions – i.e., their ability to be transformed into something useful and thus constitute innovation. And this is …-think these approaches as ways to stimulate innovation in China. …
Persistent link: https://www.econbiz.de/10011258904
The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10011259176
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10010729014
somewhat discourage building of quality patents and related innovation in China. …
Persistent link: https://www.econbiz.de/10011108770
over the 1993-2003 period, firms with overconfident CEOs have greater return volatility, invest more in innovation, obtain …&D) expenditure. Overconfident managers only achieve greater innovation than non-overconfident managers in innovative industries …
Persistent link: https://www.econbiz.de/10008560965