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Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - National Bureau of Economic Research - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

Persistent link: https://www.econbiz.de/10012482599

Of Mice and Academics : Examining the Effect of Openness on Innovation

Murray, Fiona - 2009

Scientific freedom and openness are hallmarks of academia: relative to their counterparts in industry, academics maintain discretion over their research agenda and allow others to build on their discoveries. This paper examines the relationship between openness and freedom, building on recent...

Persistent link: https://www.econbiz.de/10012463828

The Causal Effects of Competition on Innovation : Experimental Evidence

Aghion, Philippe - 2014

-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by …-and-neck. All these results are consistent with the predictions of step-by-step innovation models …

Persistent link: https://www.econbiz.de/10012458677

ICT, Consulting and Innovative Capabilities

Cerquera Dussán, Daniel - 2008

affects negatively the value of the introduced product and processes innovation. Second, the theoretical model suggests that …

Persistent link: https://www.econbiz.de/10010298709

Open Source, ICT infrastructure and firm performance

Cerquera Dussán, Daniel; Müller, Bettina - 2009

This paper empirically studies the impact of the adoption of open source software (OSS) on firms' labor productivity and innovative behavior. Using a representative sample of German firms, the results show that the adoption of OSS operating systems for servers and general OSS applications has no...

Persistent link: https://www.econbiz.de/10010299934

Open Source, ICT infrastructure and firm performance

Cerquera Dussán, Daniel; Müller, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

Persistent link: https://www.econbiz.de/10008615600

R&D incentives, compatibility and network externalities

Cerquera Dussán, Daniel - 2006

This paper analyzes the impact of network externalities on R&D competition between an incumbent and a potential entrant. The analysis shows that the incumbent always invests more than the entrant in the development of higher quality network goods. However, the incumbent exhibits a too low level...

Persistent link: https://www.econbiz.de/10010297865

Dynamic R&D incentives with network externalities

Cerquera Dussán, Daniel - 2006

This paper studies the incentives to undertake uncertain R&D initiatives in a dynamic duopoly network industry. It is shown that network externalities positively affect the incentives to invest in R&D. In the model, competition resembles a preemption race and, therefore, market performance...

Persistent link: https://www.econbiz.de/10010297866

Durable Goods, Innovation and Network Externalities

Cerquera Dussán, Daniel - 2007

We develop a model of R&D competition between an incumbent and a potential entrant with network externalities and durable goods. We show that the threat of entry eliminates the commitment problem that an incumbent may face in its R&D decision due to the goods? durability. Moreover, a potential...

Persistent link: https://www.econbiz.de/10010297985

A Year Older, A Year Wiser (and Farther from Frontier) : Invention Rents and Human Capital Depreciation

Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - National Bureau of Economic Research - 2022

We look at how the arrival of an invention affects wage returns and probability of moving out of employment for white- and blue-collar coworkers of the inventor. First results suggest that older workers are hurt by the arrival of an invention. This negative effect disappears when we control for...

Persistent link: https://www.econbiz.de/10013172162