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Persistent link: https://www.econbiz.de/10003712514
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/10003833339
This paper examines how product market competition affects firms' timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10003854416
In a continuous-time framework we study the technology and investment choice problem of a continuous co …
Persistent link: https://www.econbiz.de/10003872196
, which are charged according to the time spent in a museum. This scheme has a number of notable advantages, in particular the …
Persistent link: https://www.econbiz.de/10003997593
Persistent link: https://www.econbiz.de/10003597973
conferred by time zone differences. We emphasize the role of the entrepreneurs, who decide how to produce business services (i … dramatic change in industrial structure due to entrepreneurial relocation (i.e., service offshoring) to take advantage of time … resulting increase in service offshoring may reduce a country's welfare. -- service offshoring ; time zone differences …
Persistent link: https://www.econbiz.de/10003945833
effect of shocks using generalised spatio-temporal impulse responses. These highlight the diffusion of shocks both over time …
Persistent link: https://www.econbiz.de/10003925268
In this paper we apply a real-option model to study the effects of tax rate uncertainty on a firm's decisions. In doing so, we depart from the relevant literature, which focuses on fully equity-financed investment project. By letting a representative firm borrow optimally, we show that debt...
Persistent link: https://www.econbiz.de/10003965108
Using pooled data on instructional time and student performance by subject, our study finds evidence for the school … learning being a cumulative process by relying on rather poor proxies for instructional time. Highschool ninth graders from the …-instructional time measured in cumulated form from first up to ninth grade. Besides total instructional time exposure, we identify eight …
Persistent link: https://www.econbiz.de/10009301092