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Persistent link: https://www.econbiz.de/10012653044
We embed the innovation production function in a model that analyzes the impact of innovation output on manufacturing … revenue approach enables a 'demand-shift' interpretation of the contribution of innovation to MFP growth. We apply different … sets of instrumental variables and different estimation methods to estimate simultaneously the returns from innovation …
Persistent link: https://www.econbiz.de/10005484545
In the 1990s, patenting schemes changed in many respects: Upcoming new technologies accelerated the shift from price competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the 'patent thicket' arose as a consequence of strategic patenting....
Persistent link: https://www.econbiz.de/10005446443
This paper presents characteristics of firms that employ advanced manufacturing technology (AMT), explores the pattern of adoption of such technology, and traces the effects of adoption on the evolution of employment and productivity. The study uses linked firm-level data on production, factor...
Persistent link: https://www.econbiz.de/10009200564