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Persistent link: https://www.econbiz.de/10012653044
The impact of technological change upon gross investment has been relatively ignored. Building upon the foundations of the analysis of technological diffusion, an empirical model of gross investment is constructed that takes due account of technological change. This model is then tested upon a...
Persistent link: https://www.econbiz.de/10009205311
In this article, we construct an innovation scoreboard based on a conceptually acceptable endogenous indicator which is … shown to be the output caused by the innovation generating process. A balanced panel of data on 552 UK firms over the period … innovation defined as the successful exploitation of new ideas, it is proposed that exploitation be measured by total factor …
Persistent link: https://www.econbiz.de/10008603420
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