We develop a general equilibrium vintage capital model with energy-saving technological progress and an explicit energy sector to study the impact of investment subsidies on equilibrium investment and output. Energy and capital are assumed to be complementary in the production process. New...

In this paper, we will review the literature on technological innovation persistence and provide a general theoretical framework to analyze the main determinants of this innovative behavior. Moreover, no previous empirical study has taken into account organizational innovation practices as...

Organizational innovation favors technological innovation, but does it also influence technological innovation persistence ? This article investigates empirically the pattern of technological innovation persistence and tests the potential impact of organizational innovation using firm-level data...