Showing 1 - 10 of 1,825
innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …
Persistent link: https://www.econbiz.de/10014226119
, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …
Persistent link: https://www.econbiz.de/10013477189
We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and …
Persistent link: https://www.econbiz.de/10013462719
Timely and accurate measurement of AI use by firms is both challenging and crucial for understanding the impacts of AI on the U.S. economy. We provide new, real-time estimates of current and expected future use of AI for business purposes based on the Business Trends and Outlook Survey for...
Persistent link: https://www.econbiz.de/10014528359
Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus on...
Persistent link: https://www.econbiz.de/10010951386
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity …
Persistent link: https://www.econbiz.de/10005084604
distributed globally. Firms' innovation activities which are carried out abroad comprise either the localization of uniform … paper is to show how internal firm capabilities as well as external forces from the firm’s business and national innovation … environment impact on the firm's decision to carry out different innovation activities abroad. The analysis is based on around …
Persistent link: https://www.econbiz.de/10014201135
This paper investigates the drivers and the effects of the internationalisation of innovation activities in SMEs based … on a large data set of German firms covering the period 2002-2007. We look at different stages of the innovation process … resources, home market competition and innovationrelated location advantages for an SME's decision to engage in innovation …
Persistent link: https://www.econbiz.de/10014216008
Does capital accumulation increase labor demand and wages? Neoclassical production functions, where capital and labor are q-complements, ensure that the answer is yes, so long as labor markets are competitive. This result critically depends on the assumption that capital accumulation does not...
Persistent link: https://www.econbiz.de/10014512044
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116