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Intelligently allocating research effort and funds requires deciding whether to build on recent advances or on more established knowledge. When recent advances create superior opportunities for invention, their adoption as research inputs in the invention process promotes technological progress....
Persistent link: https://www.econbiz.de/10013065176
We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012755480
tightening constraints on water, arable land, and other natural resources, agricultural innovation is quickly becoming the most … universities, which, historically, have been a major source of agricultural innovation, increasingly dependent on funding from … evidence on the forces that drive research and innovation in agriculture. This book aims to provides such evidence through …
Persistent link: https://www.econbiz.de/10013309902
New ideas no longer fuel economic growth the way they once did. A popular explanation for stagnation is that good ideas are harder to find, rendering slowdown inevitable. We present a simple model of the lifecycle of scientific ideas that points to changes in scientist incentives as the cause of...
Persistent link: https://www.econbiz.de/10012841421
' effects on chemical innovation in the U.S. we compare changes in patenting by U.S. inventors in research fields of émigrés ….S. invention. Inventor-level data indicate that émigrés encouraged innovation by attracting new researchers to their fields, rather …
Persistent link: https://www.econbiz.de/10013057399
European countries do less research than Japan and the United States. We use a quantitative multi-country growth model to ask: (i) Why is this so? (ii) Would there be any benefit to expanding research in Europe? (iii) What would various European research promotion policies do? We find that (i)...
Persistent link: https://www.econbiz.de/10013245102
What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic … existence of strong patent laws encourage innovation? And 2) May patent laws influence the direction - as opposed to the rate … innovations in developing countries, discourage innovation in the developing countries? This essay summarizes results of existing …
Persistent link: https://www.econbiz.de/10013064853
tolerance under the New Deal to investigate the effects of pools on innovation within 20 industries. Difference … discourage innovation by weakening competition to improve substitutes …
Persistent link: https://www.econbiz.de/10013065642
that pools encourage innovation in pool technologies, albeit at the cost of innovation in substitutes. Empirical evidence … innovations by new firms for a historical pool in the sewing machine industry (1856-1877) to examine effects on innovation …. Contrary to theoretical predictions, this analysis suggests that pools may discourage innovation in pool technologies and shift …
Persistent link: https://www.econbiz.de/10013067179
The Plant Patent Act of 1930 was the first step towards creating property rights for biological innovation: it … varieties to examine whether the Act encouraged innovation. Nearly half of all plant patents between 1931 and 1970 were for … innovation: less than 20 percent of new roses were patented, European breeders continued to create most new roses, and there was …
Persistent link: https://www.econbiz.de/10013068133