Showing 1 - 10 of 1,473
, Khenkin, 1988. It is shown that, as a result of interaction between innovation and imitation, the shape of the efficiency …
Persistent link: https://www.econbiz.de/10008592990
This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … amounts of employment and capital investment in North America and Europe. In contrast to much of the existing literature which … focuses on the impact of R&D and patents on firms’ performance and productivity, we examine data on actual investment …
Persistent link: https://www.econbiz.de/10005836972
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
The paper investigates investment decisions by using a new source of data, that is the OBI annual survey on firms. The … main focus of our analysis mainly is the influence of credit market conditions on investment decisions and we find that the … main obstacle to the investment is the level of guarantees that bank demand to grant loans. This element was a constant …
Persistent link: https://www.econbiz.de/10011130311
We analyze the role of different contract types and access regulation on innovation and competition in … contracts lead less often to the duplication of investment, but to a wider roll-out compared to a market in which such contracts …
Persistent link: https://www.econbiz.de/10011110112
investment incentives due to the increased demand for priority services by the entry of new congestion sensitive content …
Persistent link: https://www.econbiz.de/10011111227
associated with a change in innovation and patenting. Its effects are separated into temporary uncertainty and changes in long … term investment incentives in a dynamic programming problem faced by innovators who learn over time about SOX's effect …. Innovation is found to fall under uncertainty for potential losses that are low relative to the potential profits. As companies …
Persistent link: https://www.econbiz.de/10008794665
investment incentives due to the increased demand for priority services by the entry of new congestion sensitive content …
Persistent link: https://www.econbiz.de/10010593240
elastically supplied, by credit expansion for example (as Schumpeter observed). Attributing growth to investment, therefore … not support Marx’s notion of an “original accumulation of capital.” Saving and investment must be used when they are made … in physical or human capital. Innovation 1700-2010 pushed the marginal product of all capitals steadily out, and the …
Persistent link: https://www.econbiz.de/10008574606
certain industry. Modeling outcome also suggests that a long-run economic growth requires direct investment of internal … savings into appropriate investment vehicles with exclusion from savings-investment chain the interest-rate-bearing bank …
Persistent link: https://www.econbiz.de/10005836790