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Private versus social incentives for pharmaceutical innovation

González, Paula; Macho-Stadler, Inés; … - 2015

We provide a theoretical framework to contribute to the current debate regarding the tendency of pharmaceutical companies to direct their R&D toward marketing products that are "follow-on" drugs of already existing drugs, rather than toward the development of breakthrough drugs. We construct a...

Persistent link: https://www.econbiz.de/10011406575

Growing productivity without growing wages : the micro-level anatomy of the aggregate labor share decline

Kehrig, Matthias; Vincent, Nicolas - 2017 - First version: November 2015, this version: March 29, 2017

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

Firm innovation under import competition from low-wage countries

Chakravorty, Ujjayant; Liu, Runjuan; Tang, Rotao - 2017

-wage countries, especially China. Does this competition hurt or help innovation by firms? This paper studies the effect of the surge … in imports from China on innovation in the US manufacturing sector. We combine patent, firm and trade data during 1990 … positive effect on firm innovation, as measured by citation-weighted patent applications. This positive effect persists when we …

Persistent link: https://www.econbiz.de/10011688170

Measuring knowledge spillovers using Belgian EPO and USPTO patent data

Plasmans, Joseph E. J.; Lukatch, Ruslan - 2001

This paper investigates two major issues of the patenting behavior of Belgian firms. Firstly, it studies the probabilistic distribution of the patent citations among several major sectors. Secondly, the firm-oriented data is studied to investigate the relationships between the Belgian firms size...

Persistent link: https://www.econbiz.de/10011398036

Measuring knowledge spillovers using patent citations : evidence from the Belgian firm's data

Lukach, Ruslan; Plasmans, Joseph E. J. - 2002

This paper conducts a comprehensive study of patent citations in patents granted to Belgian corporate applicants by the United States and the European Patent Offices using qualitative response variable analysis. The analysis uncovered different patterns of citations in patents, which belong to...

Persistent link: https://www.econbiz.de/10011410433

Why are small firms different? : managers views

Agell, Jonas - 2003

Do incentives in small organizations differ from those in large ones? This paper uses a representative survey of compensation managers to shed light on the issues. I find that (i) small establishments rely less on pecuniary incentives, and have a significantly more hostile attitude towards...

Persistent link: https://www.econbiz.de/10011511082

Processing immigration shocks : firm responses on the innovation margin

Gray, Rowena; Montresor, Giulia; Wright, Greg C. - 2017

. We exploit firm-level panel data on product and process innovation activities in the United Kingdom and find that the … countries increased process innovation and reduced product innovation. This implies that the innovation response to labor supply …-skill intensity of firm production as well as firm size. In addition, the reduction in product innovation is lessened for firms whose …

Persistent link: https://www.econbiz.de/10011718191

Hierarchical structure in Brazilian industrial firms : an econometric study

Façanha, Luis Otávio (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003497617

Key success drivers in public research grants : funding the seeds of radical innovation in academia?

Banal-Estañol, Albert; Macho-Stadler, Inés; … - 2016

innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are …

Persistent link: https://www.econbiz.de/10011451136

Heavyweights - the impact of large businesses on productivity growth

Falck, Oliver (contributor) - 2007

Persistent link: https://www.econbiz.de/10003623797

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