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Does innovation help the good or the poor performing firms?

Damijan, Jože P.; Kostevc, Črt; Rojec, Matija - In: Economics Letters 115 (2012) 2, pp. 190-195

Using firm-level innovation data we find surprising results on the benefits of innovation. Only manufacturing firms … with below average productivity growth are likely to benefits significantly from successful innovation, while faster …

Persistent link: https://www.econbiz.de/10011041837

Monopoly incentives for cost-reducing R&D

Garella, Paolo G. - In: Economics Letters 117 (2012) 1, pp. 21-24

It is shown in this paper that there exist cost innovations for which a monopolist has a higher incentive to invest than a social planner. This unveils the limits of the claim, based on Arrow (1959), that a monopoly always has a lower incentive to innovate than a social planner and therefore...

Persistent link: https://www.econbiz.de/10010580490

Are newly exporting firms more innovative? Findings from matched Spanish innovators

Hanley, Aoife; Monreal Pérez, Joaquín - In: Economics Letters 116 (2012) 2, pp. 217-220

evidence of ‘technology upgrading’ through higher exporter innovation rates. …

Persistent link: https://www.econbiz.de/10011041669

Firms’ skills as drivers of radical and incremental innovation

Doran, Justin; Ryan, Geraldine - In: Economics Letters 125 (2014) 1, pp. 107-109

Using firm level data from the Irish Community Innovation Survey 2008–2010 we analyse the importance of eight skill … sets for the innovation performance of firms. We distinguish between radical and incremental innovation. Our results … suggest that there is substantial heterogeneity in the importance of skills for different types of innovation and that some …

Persistent link: https://www.econbiz.de/10010939505

A model for assessing the contribution of innovative SMEs to economic growth: The intangible approach

González-Loureiro, Miguel; Pita-Castelo, Jose - In: Economics Letters 116 (2012) 3, pp. 312-315

capitals. The relationship with the institutional system of innovation (ISI) is novel. The results highlight that the ISI does …

Persistent link: https://www.econbiz.de/10011041770

A measure of technological distance

Bar, Talia; Leiponen, Aija - In: Economics Letters 116 (2012) 3, pp. 457-459

In this paper we construct an intuitive measure of technological distance. We compare it to previously used measures and show that it satisfies a desirable independence axiom that other commonly used measures fail to satisfy.

Persistent link: https://www.econbiz.de/10010594071

The hold-up problem, innovations, and limited liability

Schmitz, Patrick W. - In: Economics Letters 117 (2012) 3, pp. 841-843

An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is …

Persistent link: https://www.econbiz.de/10010594088

Mixed oligopoly, public firm behavior, and free private entry

Bennett, John; La Manna, Manfredi - In: Economics Letters 117 (2012) 3, pp. 767-769

We analyze a mixed oligopoly with free entry by private firms, assuming that a public firm maximizes an increasing function of output, subject to a break-even constraint. We establish an irrelevance result: whenever a mixed oligopoly is viable, then aggregate output, aggregate costs and welfare...

Persistent link: https://www.econbiz.de/10010594152

Efficiency in a search and matching model with right-to-manage bargaining

Sunakawa, Takeki - In: Economics Letters 117 (2012) 3, pp. 679-682

In a search and matching model with right-to-manage bargaining, matched workers and firms bargain over wages, given the firm’s demand schedule for hours per worker. Wages and hours per worker are determined as if they are determined in a competitive labor market with a distortion to wage...

Persistent link: https://www.econbiz.de/10010594216

Communicating excellence in innovation

Nicolau, Juan Luis; Santa-María, María Jesús - In: Economics Letters 118 (2013) 1, pp. 87-90

The innovation–performance relationship is well studied in the literature, but the effect of innovation-based public …

Persistent link: https://www.econbiz.de/10011041602