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In Finland, universities have the explicit mandate to support the transformation of high-quality knowledge into profitable business, as well as to promote the creation of new businesses and workplaces within the boundaries of their so-called third mission. This report looks at how Finnish...
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Economic literature describes drastic and non-drastic innovations as sources of marginal cost reduction. The difference … is that non-drastic innovations are unable to reduce the new marginal cost in order to ensure that the innovator is able …
Persistent link: https://www.econbiz.de/10011111402
The main objective of this paper is to analyze the links between product market competition, innovation and growth. We capture the idea that firms innovate in order to try to escape - albeit temporarily - from the pressure of competition exerted on them by their rivals. At each date, an industry...
Persistent link: https://www.econbiz.de/10005478350
innovation indicator, respectively. Three conclusions emerge. First, we find that the specification where innovations per capita … capita show that R&D efforts within regions affect innovations per capita positively, except for the regions with the lowest …
Persistent link: https://www.econbiz.de/10005022200
innovation indicator, respectively. Three conclusions emerge. First, we find that the specification where innovations per capita … capita show that R&D efforts within regions affect innovations per capita positively, except for the regions with the lowest …
Persistent link: https://www.econbiz.de/10005148506
This paper examines, within the new growth theory framework, the contribution of international technological spillovers using panel data for eleven Asian countries over the period 1970-93. A country's productivity growth is shown to depend not only on its domestic R&D investment but also on the...
Persistent link: https://www.econbiz.de/10005675224