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' access to new and better capital goods depends on the knowledge gap, i.e., the wedge between the firm's technical knowledge … knowledge diffusion subsequently leading to declining business dynamism. Our findings indicate that only when knowledge … markups, falling labor share and productivity growth. Patents are an important obstacle to knowledge diffusion. We find an …
Persistent link: https://www.econbiz.de/10014383652
Does access to information and communication technologies (ICT) increase innovation? We examine this question by …, enabled e-mail-based knowledge exchange and collaboration among academics. After the adoption of BITNET, university … induced by ICT are exclusively science-related and stem from fields where knowledge can be codified easily. In contrast, we …
Persistent link: https://www.econbiz.de/10012304309
, either by the adoption of new products, or by knowledge gains and improved use of traditional materials, and both …
Persistent link: https://www.econbiz.de/10013555693
approvals turns out to be positive. M&As can be an effective instrument for firms to acquire drug development knowledge and …
Persistent link: https://www.econbiz.de/10012219372
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting …
Persistent link: https://www.econbiz.de/10011718181
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/10011637630
This paper provides an integrated analysis of multinational companies’ global production and innovation. We establish … of production, basic innovation and applied innovation, under asymmetric complementarities across these three activities … and quality, and offshore innovation to more countries, including both countries with and without production affiliates …
Persistent link: https://www.econbiz.de/10015326180
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
accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3 … arose through agglomeration economies and localized knowledge spillovers. To support this claim, we provide evidence … the same society had higher similarity in patenting, suggesting that social networks facilitated spatial knowledge …
Persistent link: https://www.econbiz.de/10013285574
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography … endogenous emergence of industry clusters. Spatial variations in knowledge spillovers lead to spatial concentration of more …. Narrowing the gap in knowledge spillovers across regions raises growth, and reduces regional inequality by making firms more …
Persistent link: https://www.econbiz.de/10011810111