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or output of a knowledge production function. We suggest that the productivity of research in patent production functions … to patentable knowledge, and development happens after the initial research phase that may have led to a patent. Instead … of using data on R&D, we separate the knowledge creating process into 'R' and 'D'. This data stems from R&D surveys of …
Persistent link: https://www.econbiz.de/10003728577
knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out …In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools … that measures of the uncentered correlation of firm characteristics seem to fit actual knowledge spillovers best. Direct …
Persistent link: https://www.econbiz.de/10011443497
A fast-growing literature shows that technological change is replacing labor in routine tasks, raising concerns that labor is racing against the machine. This paper is the first to estimate the labor demand effects of routine-replacing technological change (RRTC) for Europe as a whole and at the...
Persistent link: https://www.econbiz.de/10011514667
This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the market. The empirical test is based on data for the years before and after the recent...
Persistent link: https://www.econbiz.de/10011339805
market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and … research institutions enhance original innovation. …
Persistent link: https://www.econbiz.de/10009787404
Persistent link: https://www.econbiz.de/10009789695
Persistent link: https://www.econbiz.de/10011515247
This paper analyzes externalities of patent box regimes in Europe. Tax reductions in foreign affiliates of a firm that also provide a profit shifting opportunity reduce the user cost of capital and thereby increase domestic investment. We test this mechanism for the case of research activity. By...
Persistent link: https://www.econbiz.de/10011558129
-level support for the notion that labor mobility stimulates overall innovation of a country or region due to knowledge transfer. …
Persistent link: https://www.econbiz.de/10010457906
This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …
Persistent link: https://www.econbiz.de/10011446652