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relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
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This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10013152509
The paper explores the role of institutional mechanisms in generating technological knowledge spillovers. The estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual industrial fairs of the American Institute of New York, during...
Persistent link: https://www.econbiz.de/10013040530
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technology, opportunity costs of research limit the role induced innovation can play. Moreover, since the backstop technology …
Persistent link: https://www.econbiz.de/10013216875
Despite growing empirical evidence of the link between environmental policy and innovation, most economic models of … innovation in the energy sector. Ignoring induced technological change overstates the welfare costs of an optimal carbon tax …, as the effect of induced innovation on emissions and mean global temperature is small. Sensitivity analysis shows that …
Persistent link: https://www.econbiz.de/10013243611
challenges for future empirical research, as well as the need for additional data on technology and innovation …
Persistent link: https://www.econbiz.de/10013070643
Unlike the widespread adoption of information and communications technology (ICT) in much of the economy, adoption of ICT in clinical care is limited. We examine how a number of not previously emphasized features of the health care and ICT markets interact and exacerbate each other to create...
Persistent link: https://www.econbiz.de/10012760098
Much recent work has suggested that endogenous technological change tends to reinforce the position of the leading nations. Yet from time to time this leadership role shifts. We suggest a mechanism that explains this pattern of -leapfrogging- as a response to occasional major changes in...
Persistent link: https://www.econbiz.de/10012763517