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In many countries entrepreneurship is promoted through tax reductions for small businesses and by various government support schemes. We analyze the effects of such policies to subsidize small businesses in a setting where both the risk-return characteristics of the selected innovation project...
Persistent link: https://www.econbiz.de/10013067942
In this paper we examine the importance of financial and other obstacles to innovation in the Netherlands using statistical information from the CIS 3.5 innovation survey. We report results on the effect of these obstacles on the firms' decision to abandon, prematurely stop, seriously slow down,...
Persistent link: https://www.econbiz.de/10013316602
We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and innate abilities generate inventions of varying qualities. The designer offers a reward to the contestant achieving the highest quality and receives the revenue generated by the...
Persistent link: https://www.econbiz.de/10013055388
We study the dynamics of competition in a model with network effects, an incumbent and entry. We propose a new way of representing the strategic advantages of incumbency in a static model. We then embed this static analysis in a dynamic framework with heterogeneous consumers. We completely...
Persistent link: https://www.econbiz.de/10012994193
Recent empirical studies suggest a need for a flexible patent regime responding to industry characteristics. In … practice, sector-specific modifications of patent strength already exist but lack theoretical foundation. This paper intends to … make up for this neglect by scrutinizing in what direction industry characteristics influence optimal patent strength. It …
Persistent link: https://www.econbiz.de/10013316194
estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is … substantial and systematic: the poorer a country, the more its income tends to be overestimated. Consequently, international …
Persistent link: https://www.econbiz.de/10013135914
programs and the benefits of international antitrust cooperation between agencies. When international antitrust prosecution is …
Persistent link: https://www.econbiz.de/10013144908
An empirical overview of the UNESCO World Heritage List according to various characteristics is presented. The … officially stated intention of the World Heritage List is to protect global heritage. Our focus is on the imbalance of the … considered “balanced” from different points of view. It turns out that the World Heritage List is unbalanced with respect to a …
Persistent link: https://www.econbiz.de/10013316269
The UNESCO World Heritage List contains the 900 most treasured Sites of humanity's culture and landscapes. The World …
Persistent link: https://www.econbiz.de/10013142233
in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … level within the U.S. and the 38 largest patent-cited countries outside the U.S. We present 3 key findings: First, we find … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and …
Persistent link: https://www.econbiz.de/10013117109