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Cellular telephone is an example of a new product that has significantly affected how Americans live. Since their introduction in 1983, cellular telephone adoption has grown at 25-35% per year such that at year end 1996 about 42 million cellular telephones are in use in the U.S. However,...
Persistent link: https://www.econbiz.de/10012472839
We present a model of endogenous firm growth with R&D investment and innovation as the engine of growth. The objective …
Persistent link: https://www.econbiz.de/10012472879
improve on counts in studies which require a measure of the extent of innovation. A simple renewal based weighting scheme is …
Persistent link: https://www.econbiz.de/10012473093
segmentation) shaped the underlying incen- tives for innovation in the PC industry during the mid to late 1980s …
Persistent link: https://www.econbiz.de/10012473112
effect on the performance of domestic firms relative to their foreign competitors, by stimulating domestic innovation. We … examine the stylized facts regarding environmental expenditures and innovation in a panel of manufacturing industries. We find …
Persistent link: https://www.econbiz.de/10012473311
This paper presents an econometric analysis of the effect of changes in the quantity and type of pharmaceuticals prescribed by physicians in outpatient visits on rates of hospitalization, surgical procedure, mortality, and related variables. It examines the statistical relationship across...
Persistent link: https://www.econbiz.de/10012473446
present a multicountry model of technological innovation and diffusion which has the implication that, for a wide range of …
Persistent link: https://www.econbiz.de/10012473670
The Consumer Price Index (CPI) attempts to answer the question of how much more (or less) income does a consumer require to be as well off in period 1 as in period 0 given changes in prices, changes in the quality of goods, and the introduction of new goods (or the disappearance of existing...
Persistent link: https://www.econbiz.de/10012473929
This paper develops a model of repeated innovation with knowledge spillovers. The model's novel feature is that firms … compete on two dimensions: 1) product quality or cost, where one firm's innovation ultimately spills over to other firms; and … some circumstances dramatically reduce the long-run average level of innovation; 2) they lead to endogenous bunching, or …
Persistent link: https://www.econbiz.de/10012474137
process innovation. There are strong reasons why an efficient economy ought to concentrate both job creation and destruction …
Persistent link: https://www.econbiz.de/10012474151