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choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …
Persistent link: https://www.econbiz.de/10013034169
This paper addresses a longstanding puzzle involving the unbundling of services that has occurred over more than two … decades in the U.S. advertising agency industry: How can the shift from the bundling to the unbundling of services be … Salinger (2005, 2008), we develop a simple model of an advertising agency's decision to unbundle its services as a tradeoff …
Persistent link: https://www.econbiz.de/10012758332
This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the probability that a firm in the manufacturing and service sectors applies for a patent during 2005–2009, but no … Operation Survey, we find that receiving a grant almost doubles the probability that a firm introduces new goods and services to …
Persistent link: https://www.econbiz.de/10013017090
of innovation, our results suggest that innovation in the tech sector has been more rapid than the rate that would be … of innovation in high-tech sectors has been more rapid than indicated by official statistics, then it is perhaps even …
Persistent link: https://www.econbiz.de/10012957301
We link USPTO patent data to U.S. Census Bureau administrative records on individuals and firms. The combined dataset provides us with a directory of patenting household inventors as well as a time-series directory of self-employed businesses tied to household innovations. We describe the...
Persistent link: https://www.econbiz.de/10012907765
Household R&D (or household innovation) is an important source of innovation that has to date been largely overlooked … because survey data on services innovations in the household sector are not yet available.) In the U.S., we find that … household activity and, more generally, of the overall landscape of innovation.Institutional subscribers to the NBER working …
Persistent link: https://www.econbiz.de/10012891341
Statistical agencies typically impute inflation for disappearing products based on surviving products, which may result in overstated inflation and understated growth. Using U.S. Census data, we apply two ways of assessing the magnitude of “missing growth” for private nonfarm businesses from...
Persistent link: https://www.econbiz.de/10012943196
This paper develops a framework for measuring digital services in the face of ongoing innovations in the delivery of … content to consumers. We capture what Brynjolfsson and Saunders (2009) call “free goods” as the capital services generated by … networks, and its volume depends on the quality of the IT capital. Consumers pay for delivery services, however, and the …
Persistent link: https://www.econbiz.de/10012867450
countries and low- and high-tech manufacturing sectors. Even with relatively few explanatory variables our innovation framework …This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is …
Persistent link: https://www.econbiz.de/10013218733
framework. We first apply the framework to a comparison of the innovation performance of French manufacturing industries, while …In this paper, we put forward the idea of an innovation accounting framework and consider two main indicators based on … it: expected innovation and innovativeness. The framework is the analogue of the standard framework of economic growth …
Persistent link: https://www.econbiz.de/10013247189