Showing 1 - 10 of 166
The prize system for innovation has been criticized as impractical due to the lack of a workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinitely time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10011259176
The prize system for innovation has been criticized as impractical due to the lack of any workable formula or algorithm … can function to duplicate Pareto optimality. Under this system, any bountiable innovation is placed in the public domain …, and the prize of innovation is dynamically amortized in an infinite time domain as periodic bounties paid to holders of …
Persistent link: https://www.econbiz.de/10010729014
This article assesses the rate of obsolescence of patents with measurements of the rate in Japan. Our study departs from Parkes and Schankerman (1989) and Schankerman (1998) because of its application of the ordered probit model. The application of this model enables us to consider the case of...
Persistent link: https://www.econbiz.de/10005836191
innovation and diffusion. People are endowed with a set of skills obtained from their parents or neighbours, but those skills are …
Persistent link: https://www.econbiz.de/10005837089
This paper develops an endogenous growth model with quality ladders where consumers heterogeneity is assumed and is modelled through non homothetic preferences. We show that in such a model, unlike mainstream quality ladders models, the steady state equilibrium is characterised by a duopoly were...
Persistent link: https://www.econbiz.de/10005837179
The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance … quality affect firm-level innovation, utilising a dataset for 1,400 non-financial US-listed companies. Using two-way cluster …
Persistent link: https://www.econbiz.de/10011258940
Purpose Eco-innovation is any form of product, process or organisational innovation that contributes towards … sustainable development. Firms can eco-innovate in a variety of ways. In this paper we identify nine different eco-innovation …/ Approach Using data for over 2,000 Irish firms collected in a special module included in the sixth Community Innovation Survey …
Persistent link: https://www.econbiz.de/10011259123
to innovation classifying firms into four broad sectors. The propensity and drivers of four types of innovation (new to … to firm and new to market innovation, there is a strong degree of heterogeneity in the drivers of innovation across … evidence of differences across sectors in the drivers of innovation. These results have important implications for policy …
Persistent link: https://www.econbiz.de/10011259623
In this paper, a theory of total factor productivity (TFP) that incorporates a model of intelligence is formulated and described. In particular, the fluid intelligence of ordinary workers is emphasized as an important element in TFP because such workers have the intelligence to innovate, even...
Persistent link: https://www.econbiz.de/10011259766
with external networks together enhance the probability that firms engage in product and process innovation. Following … data from the Irish Community Innovation Survey 2006-08. In order to control for potential endogeneity of the external …-owned firms which engage in backward networking for product and forward networking for process innovation while also undertaking R …
Persistent link: https://www.econbiz.de/10011259958