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Using the Salop Circle to Study Scale Effects in Schumpeterian Growth Models : Why Inter-Sectoral Knowledge Diffusion Matters

Gray, Elie - 2016

This paper analyzes the link between the fact that fully endogenous growth models exhibit (or not) the non-desirable scale effects property and assumptions regarding the intensity of knowledge diffusion. In that respect, we extend a standard Schumpeterian growth model by introducing explicitly...

Persistent link: https://www.econbiz.de/10012984503

Adopt or Innovate : Understanding Technological Responses to Cap-and-Trade

Calel, Raphael - 2018

Environmental regulations have consistently been found to spur innovation in ‘clean' technologies, with one significant … effect on innovation. Several explanations have been offered, including secondary market failures and a lack of polluter …, contrary to past experience, encouraged innovation rather than adoption. I discuss how these contrasting findings can be …

Persistent link: https://www.econbiz.de/10012925254

Technological Imitation and Innovation in New European Union Markets

Uzagalieva, Ainura - 2010

We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development - innovation and imitation … - are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level …

Persistent link: https://www.econbiz.de/10013143835

Population Aging and Inventive Activity

Irmen, Andreas - 2016

This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...

Persistent link: https://www.econbiz.de/10012993693

Patent Breadth in an International Setting

Bond, Eric W. - 2017

We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader patents make R&D more attractive, but the effect on static efficiency is nonmonotonic. In a North.South model, where only the North can innovate, harmonization of patent breadth...

Persistent link: https://www.econbiz.de/10012956893

Measuring the Spillovers of Venture Capital

Schnitzer, Monika - 2020

We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...

Persistent link: https://www.econbiz.de/10012853739

Green Technology Adoption and the Business Cycle

Bourgeon, Jean-Marc - 2017

We analyze the adoption of green technology in a dynamic economy affected by random shocks where demand spillovers are the main driver of technological improvements. Firms' beliefs and consumers' anticipations drive the path of the economy. We derive the optimal policy of investment subsidy and...

Persistent link: https://www.econbiz.de/10012953960

Redistribution and Occupational Choice in a Schumpeterian Growth Model

Wen, Jean-François; García-Peñalosa, Cecilia - CESifo - 2004

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

Persistent link: https://www.econbiz.de/10005405717

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

Persistent link: https://www.econbiz.de/10010877893

Microeconometric Evidence of Financing Frictions and Innovative Activity

Tiwari, Amaresh K.; Mohnen, Pierre; Palm, Franz; Loeff, … - CESifo - 2014

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Persistent link: https://www.econbiz.de/10010743448