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Distribution and growth in an economy with limited needs

Saint-Paul, Gilles - 2001

This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...

Persistent link: https://www.econbiz.de/10011401020

Defensive Innovations

Koeniger, Winfried - 2002

Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...

Persistent link: https://www.econbiz.de/10011406885

Absorptive capacity and innovation: When is it better to cooperate?

Egbetokun, Abiodun A.; Savin, Ivan - 2012

Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...

Persistent link: https://www.econbiz.de/10010291823

Innovation, inequality and a golden rule for growth in an economy with Cobb-Douglas function and an R&D sector

Welfens, Paul J. J. - 2015

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

Persistent link: https://www.econbiz.de/10010510592

Inputs, incentives, and self-selection at the workplace

Amodio, Francesco; Martinez-Carrasco, Miguel A. - 2019

This paper studies how asymmetric information over inputs affects workers' response to incentives and self-selection at the workplace. Using daily records from a Peruvian egg production plant, we exploit a sudden change in the worker salary structure and find that workers' effort, firm profits,...

Persistent link: https://www.econbiz.de/10012147088

Coordination under the shadow of career concerns

Koch, Alexander K.; Morgenstern, Albrecht - 2009

To innovate, employees need to develop novel ideas and coordinate with each other to turn these ideas into better products and services. Work outcomes provide signals about employees' abilities to the labor market, and therefore career concerns arise. These can both be 'good' (enhancing...

Persistent link: https://www.econbiz.de/10003816581

Firms' differential innovative success and market dynamics

Cantner, Uwe - 2007

This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...

Persistent link: https://www.econbiz.de/10010263832

Incumbent innovation and entry by spinoff

Falck, Oliver; Heblich, Stephan - 2008

incumbents are not willing or able to exploit. Accordingly, incumbent innovation determines exploitable knowledge externalities … for spinoffs while, at the same time, spinoffs are expected to influence incumbent innovation. To overcome this problem of … by spinoffs does, indeed, have a positive impact on incumbent innovation. …

Persistent link: https://www.econbiz.de/10010266671

Intellectual property rights and the knowledge spillover theory of entrepreneurship

Ács, Zoltán J.; Sanders, Mark - 2008

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …

Persistent link: https://www.econbiz.de/10010271789

Financial constraints and innovation : why poor countries don’t catch up

Gorodnichenko, Yuriy; Schnitzer, Monika - 2010

's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. -- Innovation …

Persistent link: https://www.econbiz.de/10003941706