Showing 1 - 10 of 171
.S. manufacturing sector, we estimate the increment to the value of an innovation realized by patenting it, and then analyze the effect …
Persistent link: https://www.econbiz.de/10012469272
. Large firms may find it disadvantageous to engage in an "R&D race" with small firms, as they can obtain access to innovation …
Persistent link: https://www.econbiz.de/10012460314
Innovation is critical to technological progress and has many theories to explain its processes. Organised competition … has been shown empirically to provide an alternative pathway for innovation within an industry, increasing innovation … rates and radicalness. This research introduces and develops the new staged competition innovation theory which builds on …
Persistent link: https://www.econbiz.de/10012651388
This study is based on the concept of Kondratiev´s technological waves as an analytical instrument for examining the processes of technological evolution. It aims at setting feasible indicators for this evolutionary development in order to provide a regulatory instrument for policy makers. In...
Persistent link: https://www.econbiz.de/10012231706
We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...
Persistent link: https://www.econbiz.de/10014437008
This paper investigates the determinants of vertical integration using data from the UK manufacturing sector. We find that the relationship between a downstream (producer) industry and an upstream (supplier) industry is more likely to be vertically integrated when the producing industry is more...
Persistent link: https://www.econbiz.de/10012467690
Researchers interested in estimating productivity can choose from an array of methodologies, each with its strengths and weaknesses. Methods differ by the assumptions they rely on and imply very different calculations. I compare five widely used techniques: (a) index numbers, (b) data...
Persistent link: https://www.econbiz.de/10012468629
This paper develops a model of endogenous product selection by firms. The theory is motivated by new evidence we present on the importance of product switching by U.S. manufacturers. Two-thirds of continuing firms change their product mix every five years, and product switches involve more than...
Persistent link: https://www.econbiz.de/10012468909
We consider vertical contracts where the retail market may involve search frictions. Minimum advertised price restrictions (MAP) act as a restraint on customers' information and so can increase search frictions in the retail sector. Such restraints, thereby, soften retail competition--an impact...
Persistent link: https://www.econbiz.de/10012455909
We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their best performing products; and also extend the range...
Persistent link: https://www.econbiz.de/10012456244