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Focused on the efficiency of the Russian innovation-fostering policy, the research is based on an empirical analysis of … innovation support tools are affected by crowding out private funds by public ones. Besides, innovation policy design and …
Persistent link: https://www.econbiz.de/10013051919
The capital structure of firms that face restrictions on liquidity (i.e. that cannot hedge continuously) is affected by the agency costs and moral-hazard implicit in the contracts they establish with stockholders and customers. It is demonstrated in this paper that then an optimal level of...
Persistent link: https://www.econbiz.de/10013159445
industrial innovation, while innovation is conceived to basically feed the regeneration of our welfare. The suppliers of S&T in …
Persistent link: https://www.econbiz.de/10005835616
answer this question, the paper focuses on the problem of investment and innovation in an ex ante regulated sector. Relying … on existing literature, we argue that ex ante regulation could represent a danger for the long-term development of the … infrastructures. We also argue that ex ante regulation is distorting investment itself: incremental investment is privileged as …
Persistent link: https://www.econbiz.de/10005790072
, and price competition, as well as the regulation of intellectual property rights, are the major tools by which Government … technological learning and the course of technological innovation. Industry’s recent performance and contemporary global … competitiveness outlook cannot be understood without reference to its post-World War II antitrust experience. …
Persistent link: https://www.econbiz.de/10005027144
We study departures from network neutrality through implementing a Quality of Service tiering regime in which an ISP charges for prioritization on a non-discriminatory basis. We find that Quality of Service tiering may be more efficient in the short run, because it better allocates the existing...
Persistent link: https://www.econbiz.de/10010593240
This paper develops a growth model to provide a theoretical explanation of the environmental Kuznets curve (EKC). Paper explains how EKC is shaped with economic development for a given technology. The EKC result arises in two ways – it can be observed from a single technology that matures and...
Persistent link: https://www.econbiz.de/10008805882
We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical …
Persistent link: https://www.econbiz.de/10011110292
We study departures from network neutrality through implementing a Quality of Service tiering regime in which an ISP charges for prioritization on a non-discriminatory basis. We find that Quality of Service tiering may be more efficient in the short run, because it better allocates the existing...
Persistent link: https://www.econbiz.de/10011111227
potential determinants of innovation; and (ii) analysing the effects of governance and regulation on innovation in conjunction … Greenwich in September 2011 and will be published as an edited book titled Governance, Regulation and Innovation: Theory and …We introduce new studies that argue in favour of: (i) according a central role to governance and regulation as …
Persistent link: https://www.econbiz.de/10011114084