Showing 1 - 10 of 190
knowledge. The dynamic life-cycle approach elaborated in the second part provides a coherent account of the evidence, and … indicates interesting implications for innovation and educational policies. …
Persistent link: https://www.econbiz.de/10005835707
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
are used to analyze the determinant factors related to improvements in innovation and productivity. Our results indicate … that increasing technology and knowledge through a “black box” process is related to an increase in productivity …. Furthermore, the protection and management of production knowledge and expertise is a valid method of increasing global technical …
Persistent link: https://www.econbiz.de/10011112811
Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...
Persistent link: https://www.econbiz.de/10008855541
Abstract: In this paper we assess the relevance of both knowledge creation and diffusion processes in affecting Italian … SMEs’ propensity to innovate. In doing so a knowledge production function (KPF) is estimated for a representative sample of … magnitude of such impact being decreasing in firms’ size. Second, knowledge diffusion via geographical proximity enhances the …
Persistent link: https://www.econbiz.de/10005622012
Persistent link: https://www.econbiz.de/10011853120
Our study analyzes the effect of the capital gains tax on the individual investment decisions of venture capitalists. By doing so, we are able to study the decisions for a sample of 76,852 funding rounds in 32 countries from 2000 to 2012. Our results support the predictions of the theoretical...
Persistent link: https://www.econbiz.de/10011932895
lack of evidence-based knowledge regarding different dimensions of innovation prevails. One important dimension that must … transactional costs. In that sense, many have argued that innovation can contribute to improve the public service quality and … consensus about the increase of management innovation practices over the last two decades. However, as in other countries, the …
Persistent link: https://www.econbiz.de/10012234234
with a currently inferior product opts for a large but risky innovation, whereas a currently superior product chooses a … smaller but certain innovation. …
Persistent link: https://www.econbiz.de/10012236072
In a patent thicket licensing provides a mechanism to either avoid or resolve hold up. We study the choice between ex ante licensing to avoid hold up and ex post licensing to resolve it. Firms’ choice of licensing contract is studied in the context of a patent portfolio race. We show that high...
Persistent link: https://www.econbiz.de/10010427751