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This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
This chapter aims to provide a review of the literature on innovation in services and to focus on the analytical … strategies carried out in order to fill in the innovation gap in the service economy (i.e. the difference between what the … traditional innovation indicators are capable of capturing, and the reality of innovation activities undertaken in a given economy …
Persistent link: https://www.econbiz.de/10011170130
Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
Innovation is becoming the most important key issue for company's success in the 21st century. In the competitive … accepted that innovation can be better achieved by working in team particularly in the virtual environments. The employed web … findings. Virtual teams base on information technology are formed to facilitate transnational innovation processes and it …
Persistent link: https://www.econbiz.de/10008753083
Innovation plays a central role in economic development, at the regional and national level. In the competitive … innovation and the strategic objectives that have been set, firms will regularly have to modify the way in which their R&D and … innovation are organized. Nowadays, shift from serial to simultaneous and parallel working in innovation has become more …
Persistent link: https://www.econbiz.de/10008777361
Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …
Persistent link: https://www.econbiz.de/10008680983
This study analyzes the effects of inflation on the long-run nexus between unemployment and economic growth. We … opportunity cost of cash holdings leads to a decrease in innovation and economic growth, which in turn decreases labor …-market tightness and increases unemployment. In summary, the model predicts a positive relationship between inflation and unemployment …
Persistent link: https://www.econbiz.de/10011118529
Infectious diseases are among the main causes of death and disability in developing countries, and they are a major reason for the health disparity between rich and poor countries. One of the reasons for this public health tragedy is a lack of lifesaving essential medicines, which either do not...
Persistent link: https://www.econbiz.de/10011108125
This seminal paper provides global empirical evidence on catch-up processes in scientific and technical publications. Its purpose is to model the future of scientific knowledge monopoly in order to understand whether the impressive growth experienced by latecomers in the industry has been...
Persistent link: https://www.econbiz.de/10011108399
The effects of an agreement such as the Kyoto Protocol, which implicitly imposes a ceiling on the stock of pollution, have recently been studied in Hotelling models. We add pollution and a ceiling to the endogenous growth model of \cite{tsur2005scarcity} to study the effects of the ceiling on...
Persistent link: https://www.econbiz.de/10011108534