Showing 1 - 10 of 393
the incumbent if the demand remains unchanged. However, because of the novel content of an innovation, consumers may have …
Persistent link: https://www.econbiz.de/10005181926
the incumbent if the demand remains unchanged. However, because of the novel content of an innovation, consumers may have …
Persistent link: https://www.econbiz.de/10010629753
Markups, returns to scale and productivity can be uncovered from regressing output on inputs. However, econometric identification of theses parameters may be problematic due the simultaneity problem. A common solution is the IV method. However, usual instruments are only weakly correlated to the...
Persistent link: https://www.econbiz.de/10005110693
This study considers the choice of ownership as a continuous variable, thereby adapting the Grossman-Hart-Moore (GHM) theory of the firm. To do so, it is assumed that parties sign a contract that enables them to divide and use assets even after the negotiation over gains of trade fails. I show...
Persistent link: https://www.econbiz.de/10008511649
Markups, returns to scale and productivity can be uncovered from regressing output on inputs. However, econometric identification of theses parameters may be problematic due the simultaneity problem. A common solution is the IV method. However, usual instruments are only weakly correlated to the...
Persistent link: https://www.econbiz.de/10010629628
In this paper I consider the 1991 Grossman-Helpman model which analyses the role of innovation on growth. The model …-Helpman model unchanged, I analyse the influence of the rate of innovation on three variables: the rate of growth of final output …
Persistent link: https://www.econbiz.de/10008784419
This paper studies the question of whether and how an employee innovator should commercialize an innovation, when doing …
Persistent link: https://www.econbiz.de/10011278625
their effects on innovation, several merger proposals have been challenged due to their adverse innovation effects. In a … desirability of merger may depend on the effectiveness of the patent system and the cost of innovation. …
Persistent link: https://www.econbiz.de/10011278659
We show a new way through which patent protection affects innovation. We show that patent protection may reduce the … final goods producers' incentives for innovation in industries with imperfectly competitive input markets. The input market …
Persistent link: https://www.econbiz.de/10009651874
's innovation effort has a U-shaped relationship with the level of competition. This result generally holds true for both the …
Persistent link: https://www.econbiz.de/10010836168