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Technological Capabilities and Patterns of Cooperation of UK Firms : A Regional Investigation
Iammarino, Simona - 2009
This paper focuses on the relationship between firms' technological capabilities and different forms of cooperation for innovation by combining the analysis of both micro and meso levels, i.e. the level of the firm and of the geographical region. Our findings, based on the Fourth UK Community...
Persistent link: https://www.econbiz.de/10012763920
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Competing with Asking Prices
Lester, Benjamin R. - 2013
In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...
Persistent link: https://www.econbiz.de/10013087422
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The Price of Polarization : Estimating Task Prices Under Routine-Biased Technical Change
Böhm, Michael J. - 2017
The debate about the impact of routine-biased technical change on wages revolves around the question whether occupational or overall wage distributions polarized. This paper instead argues that routine task prices should decline compared to abstract and manual task prices. I propose a new...
Persistent link: https://www.econbiz.de/10012940837
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Energy Prices, Pass-Through, and Incidence in U.S. Manufacturing
Ganapati, Sharat - 2016
This paper studies how increases in energy input costs for production are split between consumers and producers via changes in product prices (i.e., pass-through). We show that in markets characterized by imperfect competition, marginal cost pass-through, a demand elasticity, and a price-cost...
Persistent link: https://www.econbiz.de/10012990878
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Long-Run Effects of Public-Private Research Joint Ventures : The Case of the Danish Innovation Consortia Support Scheme
Kaiser, Ulrich - 2011
Subsidized research joint ventures (RJVs) between public research institutions and industry have become increasingly popular in Europe and the US. We study the long-run effects of such a support scheme that has been maintained by the Danish government since 1995. To cope with identification...
Persistent link: https://www.econbiz.de/10013120139
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Do Inventors Talk to Strangers? On Proximity and Collaborative Knowledge Creation
Crescenzi, Riccardo - 2013
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10013071741
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Time is on My Side : Relational Contracts and Aggregate Welfare
Kukharskyy, Bohdan - 2018
total factor productivity. We provide empirical evidence in line with the predictions of our theory …
Persistent link: https://www.econbiz.de/10012923240
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Resource Allocation and Firm Scope
Friebel, Guido; Raith, Michael - 2021
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but … leads to weaker incentives for effort, compared with nonintegration. Our theory makes minimal assumptions about the … integration or non-integration is optimal. Our theory thus provides a simple answer to Williamson's "selective …
Persistent link: https://www.econbiz.de/10013317478
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Employer Cooperation, Productivity, and Wages : New Evidence from Inter-Firm Formal Network Agreements
Devicienti, Francesco; Grinza, Elena; Manello, Alessandro; … - 2022
Using uniquely rich administrative matched employer-employee data, we investigate the impact of formal network agreements (FNAs) among firms under two perspectives. First, we assess the impact of joining a FNA on several indicators of firm performance, and total factor productivity. Second, we...
Persistent link: https://www.econbiz.de/10014244275
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Add-On Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10013118774