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Killing the Golden Goose? The Decline of Science in Corporate R&D

Arora, Ashish - 2015

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

Persistent link: https://www.econbiz.de/10013029033

Endogenous product versus process innovation and a firm's propensity to export

Becker, Sascha O.; Egger, Peter - 2007

at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm's market position given the characteristics of its product supply …. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture …

Persistent link: https://www.econbiz.de/10010264061

Examining US productivity: Knowledge flows from industry and country sources

Koch, William - 2008

a measure of technology that isolates sources of innovation and their contributions to domestic TFP. Within …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …

Persistent link: https://www.econbiz.de/10010285349

Intra- and inter-industry productivity spillovers in OECD manufacturing: a spatial econometric perspective

Badinger, Harald; Egger, Peter - 2008

We adopt a spatial econometric approach to estimate intra- and inter-industry productivity spillovers in total factor productivity transmitted through input-output relations in a sample of 13 OECD countries and 15 manufacturing industries. Both R&D spillovers as well as remainder,...

Persistent link: https://www.econbiz.de/10010264277

Learning When to Quit : An Empirical Model of Experimentation

Ganglmair, Bernhard - 2018

ones that are not. Economists know little about this process, however, because empirical studies of innovation typically … associated with faster learning. Finally, we simulate two counterfactual innovation policies: an R&D subsidy and a publication …

Persistent link: https://www.econbiz.de/10012926402

Tax Credits and Small Firm R&D Spending

Agrawal, Ajay K. - 2014

In 2004, Canada changed the eligibility rules for its Scientific Research and Experimental Development (SRED) tax credit, which provides tax incentives for R&D conducted by small private firms. Difference in difference estimates show a seventeen percent increase in total R&D among eligible...

Persistent link: https://www.econbiz.de/10013044985

International R&D Spillovers : A Re-Examination

Lichtenberg, Frank R.; van Pottelsberghe de la … - 2021

Coe and Helpman(1995) have measured the extent to which technology spills over between industrialized countries through the particular channel of trade flows. This paper re-examines two particular features of their study. First, we suggest that their functional form of how foreign R&D affects...

Persistent link: https://www.econbiz.de/10013221859

Are Ideas Getting Harder to Find?

Bloom, Nicholas - 2017

In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...

Persistent link: https://www.econbiz.de/10012948079

From Imitation to Innovation : Where is All that Chinese R&D Going?

König, Michael D.; Song, Zheng (Michael); … - 2022

We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of...

Persistent link: https://www.econbiz.de/10013309719

Heavyweights - the impact of large businesses on productivity growth

Falck, Oliver - 2007

The idea of an industrial policy that promotes large businesses - heavyweights - as the best way to compete in a globalized world has become, again, en vogue among European politicians. The only apparent controversy about the idea revolves around whether it is better to promote national...

Persistent link: https://www.econbiz.de/10010264240