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Dynamic R&D Choice and the Impact of the Firm's Financial Strength
Peters, Bettina - 2016
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012997893
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Innovation in Israel 1968-97 : a Comparative Analysis Using Patent Data
Trajtenberg, Manuel - 2021
the israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for …
Persistent link: https://www.econbiz.de/10013213067
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Interindustry R&D Spillovers, Rates of Return, and Production in High-Tech Industries
Nadiri, M. Ishaq - 2010
This paper presents estimates of the productivity and factor bias effects of interindustry Ramp;D spillovers for five high-tech industries. Each industry is distinguished as a separate spillover source. The industries are each affected by Ramp;D spillovers and are themselves spillover sources....
Persistent link: https://www.econbiz.de/10012760211
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Technology Transfer Through Imports
Acharaya, Ram C. - 2015
While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor...
Persistent link: https://www.econbiz.de/10012750377
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Does the Tax System Favor Investment in High-Tech or Smoke-Stack Industries?
Fullerton, Don; Lyon, Andrew B. - 2021
When tax rates vary by asset, a "hidden" industrial policy may aid industries that invest in a certain mix of assets. In this paper, we examine whether differential use of depreciable assets gives rise to differential tax treatment of high technology industries relative to other industries....
Persistent link: https://www.econbiz.de/10013227777
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The Challenge to U.S. Leadership in High-Technology Industries (Can the United States Maintain its Lead? Should it Try?)
McCulloch, Rachel - 2021
The United States emerged from World War II as the acknowledged global leader in basic science and its industrial application. While U.S. science has been able to maintain that preeminence in most areas, the nation's technological lead has met increasingly formidable challenges from abroad....
Persistent link: https://www.econbiz.de/10013227895
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High Tech R&D Subsidies : Estimating the Effects of Sematech
Irwin, Douglas A.; Klenow, Peter J. - 2021
Sparked by concerns about their shrinking market share, 14 leading U.S. semiconductor producers, with the financial assistance of the U.S. government in the form of $100 million in annual subsidies, formed a joint R&D consortium -- Sematech -- in 1987. Using Compustat data on all U.S....
Persistent link: https://www.econbiz.de/10013248691
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From “Made in China” to “Innovated in China” : Necessity, Prospect, and Challenges
Wei, Shang-Jin - 2016
relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is … on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and …
Persistent link: https://www.econbiz.de/10012978531
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Cowards and Heroes : Group Loyalty in the American Civil War
Costa, Dora L.; Kahn, Matthew E. - 2021
What motivated men to risk death in the most horrific war in U.S. history when pay was low and irregular and military punishment strategies were weak? In such a situation creating group loyalty by promoting social capital is of paramount importance and in the Civil War was the cement of both...
Persistent link: https://www.econbiz.de/10013249679
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The Effect of High-Tech Clusters on the Productivity of Top Inventors
Moretti, Enrico - 2019
Persistent link: https://www.econbiz.de/10012862846