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The effects of privatization on R&D investments and patent productivity

Munari, Federico; Sobrero, Maurizio - 2002

Over the last two decades privatization programs in different countries radically reduced the role of the State as a key player in the economic arena. We use agency theory to discuss the theoretical relationship between changes in the firm's principal-agent structure following privatization, and...

Persistent link: https://www.econbiz.de/10011335727

Cooperation in R&D and sample selection

Piga, Claudio; Vivarelli, Marco - 2002

This study explicitly takes into account that the decision to enter into a cooperative R&D relationship is related to the antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, allows the joint analysis of the determinants of the two decisions and...

Persistent link: https://www.econbiz.de/10011335716

Privatization and R&D performance: An empirical analysis based on Tobin's q

Munari, Federico; Oriani, Raffaele - 2002

innovation related assets on the firm's market value (Griliches, 1981). We estimate the regression model on an original panel …

Persistent link: https://www.econbiz.de/10011335733

Voluntary approaches and the organisation of environmental R&D

Poyago-Theotoky, Joanna - 2000

We consider a setting where firms undertake emission-reducing R&D and the regulator, who sets the emission tax, is unable to commit credibly. Firms are subject to research spillovers in emission reduction. We examine two regimes with respect to the organization of R&D: independent R&D and an...

Persistent link: https://www.econbiz.de/10011608637

On scale effects, market power and growth when human and technological capital are complements

Bucci, Alberto - 2000

In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...

Persistent link: https://www.econbiz.de/10011608626

Growth maximising patent lifetime

Bucci, Alberto; Saglam, H. C. - 2000

Using a vertical differentiation model of endogenous growth with stochastic R&D activity, we characterise the optimal patent lifetime a government would set in order to maximise economic growth. We show that a finite patent lifetime does exist and is unique provided that the expected rate of...

Persistent link: https://www.econbiz.de/10011608627

SME Performance, Innovation and Networking Evidence on Complementarities for a Local Economic System

Mazzanti, Massimiliano; Mancinelli, Susanna - 2007

ouput innovation, for small and medium enterprises (SME) playing in a local economic system. Given the intangible nature of … many techno organisational innovation and networking strategies, original recent survey data for manufacturing and services … and process/product output innovation. R&D is a main driver of innovation and productivity, even without networking. This …

Persistent link: https://www.econbiz.de/10010312284