Narrow search
Showing 1 - 10 of 225
Cover Image
Intellectual Property Rights and Efficient Firm Organization
Ponzetto, Giacomo AM - C.E.P.R. Discussion Papers - 2012
I provide a justification of intellectual property rights as a source of static efficiency gains in manufacturing, rather than dynamic benefits from greater innovation. I develop a property-rights model of a supply relationship with two dimensions of non- contractible investment. In equilibrium,...
Persistent link: https://www.econbiz.de/10011084191
Cover Image
Procuring Innovation
Cabral, Luís M B; Cozzi, Guido; Denicolò, Vincenzo; … - C.E.P.R. Discussion Papers - 2006
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
Cover Image
Microstructure of Collaboration: The 'Social Network' of Open Source Software
Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2008
The open source model is a form of software development with source code that is typically made available to all … interested parties. At the core of this process is a decentralized production process: open source software development is done … by a network of unpaid software developers. Using data from Sourceforge.net, the largest repository of Open Source …
Persistent link: https://www.econbiz.de/10005662205
Cover Image
Competition in the Cryptocurrency Market
Gandal, Neil; Halaburda, Hanna - C.E.P.R. Discussion Papers - 2014
We analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the changes over time in exchange rate data among cryptocurrencies. Specifically, we look at two aspects: (1) competition among different currencies, and (2) competition among exchanges...
Persistent link: https://www.econbiz.de/10011084460
Cover Image
The Weightless Economy in Economic Development
Quah, Danny - C.E.P.R. Discussion Papers - 1999
Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...
Persistent link: https://www.econbiz.de/10005791375
Cover Image
Licensing the Market for Technology
Arora, Ashish; Fosfuri, Andrea - C.E.P.R. Discussion Papers - 1999
compete with them. Such a strategy is difficult to explain within traditional models of licensing. This paper extends the … literature on licensing by relaxing the assumption of a monopolist technology holder. We develop a model with many technological … trajectories for the production of a differentiated good. We find that competition in the market for technology induces licensing …
Persistent link: https://www.econbiz.de/10005504351
Cover Image
Motivation and Sorting in Open Source Software Innovation
Belenzon, Sharon; Schankerman, Mark - C.E.P.R. Discussion Papers - 2008
This paper studies the role of intrinsic motivation, reputation and reciprocity in driving open source software …
Persistent link: https://www.econbiz.de/10005789146
Cover Image
A Brief Survey of the Economics of Open Source Software
Fershtman, Chaim; Gandal, Neil - C.E.P.R. Discussion Papers - 2011
The open source model is a form of software development in which the source code is made available, free of charge, to … all interested parties; further users have the right to modify and extend the program. Open source software (OSS) methods … several key aspects of open source software. …
Persistent link: https://www.econbiz.de/10009148876
Cover Image
Fiscal spending for economic growth in the presence of imperfect markets
Islam, Asif; López, Ramón - C.E.P.R. Discussion Papers - 2011
Political economy factors tend to induce many governments to spend on private goods (non-social subsidies) to the detriment of spending on social and public goods. We show that this bias in spending patterns is particularly costly for economic growth when capital markets are imperfect. We thus...
Persistent link: https://www.econbiz.de/10009385765
Cover Image
Bank ownership and credit over the business cycle: Is lending by state banks less procyclical?
Bertay, Ata Can; Demirguc-Kunt, Asli; Huizinga, Harry - C.E.P.R. Discussion Papers - 2012
This paper finds that lending by state banks is less procyclical than lending by private banks, especially in countries with good governance. Lending by state banks in high income countries is even countercyclical. On the liability side, state banks expand potentially unstable non-deposit...
Persistent link: https://www.econbiz.de/10011084194