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organization over time. While learning helps improve the organization's goals it also creates a time-consistency problem. Leader …
Persistent link: https://www.econbiz.de/10012758389
When the mortality rate is high, repeated interaction alone may not sustain cooperation, and religion may play an important role in shaping economic institutions. This insight explains why during the fourteenth century, when plagues decimated populations and the church promoted the doctrine of...
Persistent link: https://www.econbiz.de/10012771894
almost exclusively been introduced through organizational change in existing firms. We show that for the U.S. and global … organizational change is necessary for incumbent firms to remain competitive and, ultimately, to survive. Japan's sharply higher … organizational change/new entry ratio compared to the U.S. during the biotech revolution is related to Japan's relatively compact …
Persistent link: https://www.econbiz.de/10013232001
States during the 1990's, I examine the incidence and intensity of organizational innovation and the factors associated with … investments in organizational innovation. Past profits tend to be positively associated with organizational innovation. Employers … being part of a multi-establishment firm) are more likely to invest in organizational innovation. Investments in human …
Persistent link: https://www.econbiz.de/10012750369
"cutthroat capitalism" that generates greater inequality and more innovation and will become the technology leaders, while others …
Persistent link: https://www.econbiz.de/10013099537
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10013068289
This paper documents the major transformation of higher education that has been underway in China since 1999 and evaluates its potential global impacts. Reflecting China's commitment to continued high growth through quality upgrading and the production of ideas and intellectual property as set...
Persistent link: https://www.econbiz.de/10012772384
). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …
Persistent link: https://www.econbiz.de/10012910654
a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … innovation. First, intermediation allows us to finance more transactions with fewer assets. Second, it ameliorates certain …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations …
Persistent link: https://www.econbiz.de/10012940374
major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …
Persistent link: https://www.econbiz.de/10012869221