Showing 1 - 6 of 6
We develop a simple theoretical model of a long term buyer-supplier relationship with non-contractible buyer specific R&D investment, and derive predictions on the effects of trust and competition on suppliers' investment and buyers' procurement strategies. We address these issues empirically...
Persistent link: https://www.econbiz.de/10010485523
Persistent link: https://www.econbiz.de/10003495613
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex …-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal …
Persistent link: https://www.econbiz.de/10009153886
may be positive or negative, depending on foreign countries' trade position. -- innovation ; financial development ; R …
Persistent link: https://www.econbiz.de/10009240877
increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …
Persistent link: https://www.econbiz.de/10014383723
phase-out of ozone-depleting substances. I show that the protocol increased science and innovation on alternatives to ozone … readily available. I reconcile theory and empirics by discussing the role of induced innovation in models of environmental …
Persistent link: https://www.econbiz.de/10014391277