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Ever since its introduction in the 1990s, the systems of innovations (SI) concept has received a great deal of attention from researchers and politicians. The systems of innovation policy (SIP) approach, which is based on the SI concept, is considered an alternative to neoclassical theory. Its...
Persistent link: https://www.econbiz.de/10005012076
In an efficient economy, capital should be quickly (re)allocated from declining firms and sectors to more profitable investment opportunities. This process is affected by the concentration of corporate control, which in turn is affected by market institutions. We employ a panel of 12,000 firms...
Persistent link: https://www.econbiz.de/10005090479
We apply the accelerator principle to measure the functional efficiency of capital markets. We estimate the elasticity of capital with respect to output using a panel of firms across 44 countries, and compare the results with existing approaches. Furthermore, we correlate our measure with...
Persistent link: https://www.econbiz.de/10005090557
Policy interest since the early 1980s has focused in different ways on the creation of a large, productive, taxable economy - in which entrepreneurship plays a role for employment, income growth and innovation. The current understanding of various forms of entrepreneurship remains incomplete,...
Persistent link: https://www.econbiz.de/10005051051
-Theorem-like voluntary cooperation. We ask whether monitoring and indirect punishment with the help of others are comparable to direct … monitoring and punishment in establishing and maintaining voluntary cooperation. The treatment effects we find are rather weak …. Others' monitoring of own activities is only an insufficient substitute for direct observability. …
Persistent link: https://www.econbiz.de/10010884463
When two or more agents compete for a bonus and the agents' productivity in each of several possible occurrences depends stochastically on (constant) effort, the number of times that are checked to assign the bonus affects the level of uncertainty in the selection process. Uncertainty, in turn,...
Persistent link: https://www.econbiz.de/10005090471
Das Monitoring von Patentportfolios soll Basispatente und Umzäunungsstrategien der Pioniere sowie Umzingelungsversuche … Zitatdarstellung als neues Konzept für das Strategie-Monitoring vor. Im Gegensatz zu den bekannten Verfahren wird es ermöglicht, alle … Summary: The monitoring of patent portfolios should uncover basic patents as well as fencing and surrounding attempts. The …
Persistent link: https://www.econbiz.de/10005786056
Technological change and gains in efficiency of renewable power generation technologies are to a large extent driven by governmental support. Various policies that can broadly be categorized as technology push, demand pull or systemic constitute a policy mix for renewable energies. Our goal is...
Persistent link: https://www.econbiz.de/10011105085
We examine ownership patterns of German university-invented patents before and after the abolition of the "professors' privilege" in 2002 to explore how the legal change affected patenting activities. Our data show a shift from individually-owned and firm-owned patents to university-owned...
Persistent link: https://www.econbiz.de/10005009762
This paper investigates the causes of the shortfall in private R+D expenditure of the EU compared to the US. It shows that differences in the structure of the two economies play only a minor role in explaining the R+D gap. Instead, the European R+D shortfall is mainly caused by a negative...
Persistent link: https://www.econbiz.de/10005090478