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the presence of such products on innovation and consumer welfare. For a given number of buyers, platform liability … increases innovation by reducing the competitive pressure faced by innovative products. However, there can be a misalignment of … intended effect on innovation. Platform liability tends to increase (decrease) innovation and consumer welfare when the …
Persistent link: https://www.econbiz.de/10013384891
In this study, we investigate whether and to what extent community managers in online collaborative communities can stimulate crowd activities through their engagement. Using a novel data set of 22 large online idea crowdsourcing campaigns, we find that active engagement of community managers...
Persistent link: https://www.econbiz.de/10011877762
We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …
Persistent link: https://www.econbiz.de/10014383690
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The paper investigates dynamic linkages between entry and exit rates in Brazilian manufacturing in the context of 231 (4-digits) industries during the 1996-2005 period. The empirical analysis focuses on the estimation of a dynamic panel data for entry and exit rates and controls for the business...
Persistent link: https://www.econbiz.de/10009734846
This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage bargaining power. Our study contributes to several strands of literatures. First, we examine a monopolistic framework which accounts for wage bargaining. In addition to the...
Persistent link: https://www.econbiz.de/10010496909
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10011646840
Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …
Persistent link: https://www.econbiz.de/10010404426
We study the effect of analyst coverage on firms' innovation strategy and outcome. By considering three different … negative effect becomes not significant when firms' in-house R&D spending and external innovation channels are taken into … account. We find that more financial analysts encourage firms to make more efficient investments related to innovation, which …
Persistent link: https://www.econbiz.de/10011688059