Showing 1 - 6 of 6
potential suppliers generate and sell the most suitable innovation. Moreover, procurement by public agencies and large firms … the degree of competition between suppliers, as well as other more practical indirect ways to stimulate innovation. We … discuss the effects of standard setting activities by large, often public, procurers on innovation races. We evaluate how …
Persistent link: https://www.econbiz.de/10005791875
This study analyzes the cross-country effects of monetary policy on innovation and international technology transfer … transfer, a permanent increase in the North-South wage gap, and a temporary decrease in the rate of Northern innovation. An … increase in the Northern nominal interest rate causes a temporary decrease in the rate of Northern innovation, a permanent …
Persistent link: https://www.econbiz.de/10010693331
This study analyzes the growth and welfare effects of monetary policy in a two-country Schumpeterian growth model with cash-in-advance constraints on consumption and R&D investment. We find that an increase in the domestic nominal interest rate decreases domestic R&D investment and the growth...
Persistent link: https://www.econbiz.de/10010676249
R&D investment has well-known liquidity problems, with potentially important consequences. In this paper, we analyze the effects of monetary policy on economic growth and social welfare in a Schumpeterian model with cash-in-advance (CIA) constraints on consumption, R&D investment, and...
Persistent link: https://www.econbiz.de/10010627327
This study analyzes the growth and welfare effects of monetary policy in a two-country Schumpeterian growth model with cash-in-advance constraints on consumption and R&D investment. We find that an increase in the domestic nominal interest rate decreases domestic R&D investment and the growth...
Persistent link: https://www.econbiz.de/10011170142
R&D investment has well-known liquidity problems, with potentially important consequences. In this paper, we analyze the effects of monetary policy on economic growth and social welfare in a Schumpeterian model with cash-in-advance (CIA) constraints on consumption, R&D investment, and...
Persistent link: https://www.econbiz.de/10011110995