Showing 1 - 10 of 12
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
relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10013226916
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
We estimate the impact of participating in the NZ Marsden Fund on research output trajectories, by comparing the subsequent performance of funded researchers to those who submitted proposals but were not funded. We control for selection bias using the evaluations of the proposals generated by...
Persistent link: https://www.econbiz.de/10013013122
We explore the use of patent citations to measure the "basicness" and appropriability of inventions. We propose that the basicness of research underlying an invention can be characterized by the nature of the previous patents cited by an invention; that the basicness of research outcomes relates...
Persistent link: https://www.econbiz.de/10013230381
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …
Persistent link: https://www.econbiz.de/10013069009
an induced innovation externality. This alternative mechanism, by contrast, causes people to devote an inefficiently high … level of self-protection. As an empirical example of this externality, we analyze the innovation induced by the obesity … epidemic. Obesity is associated with an increase in the incidence of many diseases. The induced innovation hypothesis is that …
Persistent link: https://www.econbiz.de/10012772375
This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …
Persistent link: https://www.econbiz.de/10013017090
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/10013245313
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