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This paper investigates the relevance of government purchasing behavior for innovation-based economic growth. We … incentive for private innovation activities. In contrast to the standard Schumpeterian growth framework, we account for industry … heterogeneity in terms of innovation potential. This extension allows to bring government demand policy within the realm of the …
Persistent link: https://www.econbiz.de/10010267225
factors of success in drug development programs at different stages of innovation process. We use economies of scale, scope, R … a project differs in relation to the discovery and development stages of innovation, respectively. Our main finding is … discovery stage of innovation, while in the later development stage, the effects of competition outweigh any benefits from …
Persistent link: https://www.econbiz.de/10010270028
-dynamics that gave rise to different patterns of innovation in the two countries. In particular, we suggest that different demand …
Persistent link: https://www.econbiz.de/10010266665
Economic behavior strives for efficiency. Therefore, also evolving network structures should be a result of such a goal-oriented behavior. Traditionally, networks were assumed to be only temporary phenomena, since the prevailing organizational forms that comply with the efficiency postulate are...
Persistent link: https://www.econbiz.de/10010271179
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
on demand and innovation, theory still lacks a comprehensive analytical formulation. This paper proposes a model where …
Persistent link: https://www.econbiz.de/10010263802
The regional or national innovation performance has been repeatedly measured in the literature; but it has so far not … been discussed what this means, especially in relation to a region. What is the contribution of a region to innovation … output? The usual approaches implicitly assume that higher innovation outputs per inhabitant, employee, or R&D employee can …
Persistent link: https://www.econbiz.de/10010263819
This paper deals with innovative activities of firms, the resulting market success as well as the interdependencies between both. In a first theoretical part, different cases of those interdependencies are investigated by the way of a simple model based on replicator dynamics. It is shown that...
Persistent link: https://www.econbiz.de/10010263832
We attempt to extend the static analysis of innovator networks by providing case study based insights into the dynamic, developmental or evolutionary pattern of such networks. In the theoretical part, we develop some building blocs that are considered central to a theory of network evolution....
Persistent link: https://www.econbiz.de/10010263834