Showing 1 - 10 of 101
innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …
Persistent link: https://www.econbiz.de/10005789146
Using a game theoretical model on firms' simultaneous investments in product and process innovation, we deduct and … and in independently competing firms. We use Community Innovation Survey data on Italian manufacturing firms. Theoretical …
Persistent link: https://www.econbiz.de/10005123533
This Paper analyses the impact of R&D subsidies on incumbent firms to introduce new goods. We are especially interested in investigating various consequences of government subsidies for R&D, provided to firms that offer products of different qualities. This study examines the incentives of...
Persistent link: https://www.econbiz.de/10005504784
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …
Persistent link: https://www.econbiz.de/10005791875
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme … with a subsequent increase in innovation intensity and productivity growth for manufacturing sectors. In our analysis we … reforms on average profitability, and the effects of profitability on innovation and productivity growth. …
Persistent link: https://www.econbiz.de/10005136744
We explore the joint determination of product differentiation strategy and corporate leverage in a setting where (i) product differentiation is valued by customers; (ii) debt is necessary to discipline managers; and (iii) liquidation is costly for customers, in particular, when products are...
Persistent link: https://www.econbiz.de/10005661660
This Paper empirically tests the ‘bounds approach’ to industry structure proposed by Sutton ((1991), (1998)). To carry out this task, we focus on the chemical industry. Part of the novelty in this exercise is that we work on the finest possible level of disaggregation. Also, we identify...
Persistent link: https://www.econbiz.de/10005656233
In this Paper, I explore the circumstances under which innovation processes without secrecy or intellectual property …
Persistent link: https://www.econbiz.de/10005114346
This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over...
Persistent link: https://www.econbiz.de/10011272707