Showing 1 - 10 of 134
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …
Persistent link: https://www.econbiz.de/10012480697
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...
Persistent link: https://www.econbiz.de/10012466870
three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … IT- and software-biased shift in innovation drove US MNCs abroad, and particularly drove them abroad to "new hubs" with … of US multinational R&D has reinforced the technological leadership of US-based firms in the information technology …
Persistent link: https://www.econbiz.de/10012453013
This study investigates how enhanced regulation can promote innovation, focusing on the impacts of a significant … recognized the improvement in drug innovation, as reflected in stock price adjustments post new drug registrations after the … latecomers could boost their innovation potential by adopting specific, effective regulatory practices from frontier countries …
Persistent link: https://www.econbiz.de/10014447297
Operation Warp Speed (OWS) was a U.S. government-led program to accelerate the development, production, and administration of COVID-19 vaccines. The program cut the typical ten-year timeline needed to develop a new vaccine down to ten months and began vaccinating vulnerable populations within a...
Persistent link: https://www.econbiz.de/10015056157
Traditional U.S. industries with higher firm-specific stock return and fundamentals performance heterogeneity use information technology (IT) more intensively and post faster productivity growth in the late 20th century. We argue that elevated firm performance heterogeneity mechanically reflects...
Persistent link: https://www.econbiz.de/10012465644
Are some management practices akin to a technology that can explain firm and national productivity, or do they simply reflect contingent management styles? We collect data on core management practices from over 11,000 firms in 34 countries. We find large cross-country differences in the adoption...
Persistent link: https://www.econbiz.de/10012456349
Modern information technologies have greatly facilitated timely dissemination of information to a broad base of investors at low costs. To examine their effects on the real economy, we exploit the staggered implementation of the EDGAR system from 1993 to 1996 as a shock to information...
Persistent link: https://www.econbiz.de/10012481384
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 explained and what accounts for the slow pace of change?...
Persistent link: https://www.econbiz.de/10012464302
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/10012465497