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Cycles play an important role when analyzing market phenomena. In many markets, both overlaying (weekly, seasonal or business cycles) and time-varying cycles (e.g. asymmetric lengths of peak and off peak or variation of business cycle length) exist simultaneously. Identification of these market...
Persistent link: https://www.econbiz.de/10011334604
used to determine future prices when subject to a lower-powered regulation mechanism. The difference is particularly …
Persistent link: https://www.econbiz.de/10011971656
subject to a lower-powered regulation mechanism. The difference is particularly significant (about 7%) for firms in the upper …
Persistent link: https://www.econbiz.de/10011795225
and reach beyond the boundaries of the firm. Accordingly, technology transfer from providers of knowledge intensive … strategic goals. Our stylized theoretical model combines a knowledge production function framework and transaction cost … economics. We hypothesize that the right balance between internal and external knowledge is critical for innovation. The …
Persistent link: https://www.econbiz.de/10009424071
In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools … knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … that measures of the uncentered correlation of firm characteristics seem to fit actual knowledge spillovers best. Direct …
Persistent link: https://www.econbiz.de/10011443497
This paper studies the role of direct democracy in ensuring efficient and cost effective provision of goods and services in the public sector. The sample consists of the population of municipalities in the German State of Bavaria, where in the mid-1990s considerable direct democratic reforms...
Persistent link: https://www.econbiz.de/10010249630
Several reviews and impact assessment studies have concluded that the Sixth Framework Programme for Research and … science. Based on a sample of more than 1,000 scientists at universities and public research institutes in Germany, this paper … sizes, less predefined research topics, a reduced administrative burden, and a higher quality of the peer review system …
Persistent link: https://www.econbiz.de/10003969874
The viability of modern open science norms and practices depend on public disclosure of new knowledge, methods, and … materials. However, increasing industry funding of research can restrict the dissemination of results and materials. We show … scientists who receive industry funding are twice as likely to deny requests for research inputs as those who do not. Receiving …
Persistent link: https://www.econbiz.de/10010258809
In this article we study differences in the returns to R&D investment between firms that sell in international markets and firms that only sell in the domestic market. We use German firm-level data from the high-tech manufacturing sector to estimate a dynamic structural model of a firm's...
Persistent link: https://www.econbiz.de/10011932163
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10011441694