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Engines of Growth : Domestic and Foreign Sources of Innovation
Eaton, Jonathan; Kortum, Samuel S. - 2021
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/10013237260
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Innovating Firms and Aggregate Innovation
Klette, Tor Jakob; Kortum, Samuel S. - 2021
We develop a parsimonious model of innovating firms rich enough to confront firm-level evidence. It captures the dynamic behavior of individual heterogenous firms, describes the evolution of an industry with simultaneous entry and exit, and delivers a general equilibrium model of technological...
Persistent link: https://www.econbiz.de/10013248388
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Is Medicine an Ivory Tower? Induced Innovation, Technological Opportunity, and For-Profit vs. Non-Profit Innovation
Bhattacharya, Jay - 2015
opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …
Persistent link: https://www.econbiz.de/10012750249