Showing 1 - 6 of 6
The elasticity of intertemporal substitution (EIS) at the macro level has been estimated mostly based on endowment economy models and these estimates are very sensitive to the choice of interest rates that are used for estimation. Estimates based on production economy models do not need...
Persistent link: https://www.econbiz.de/10005126406
The New Keynesian Real Business Cycle model with staggered price adjustment is augmented with a R&D producing sector. Two sources of economic shocks are considered, namely random paritcipation (perturbances to value of alternative investment opportunities in another sector) and financial...
Persistent link: https://www.econbiz.de/10011113400
innovative processes' management. The author discusses challenges and tasks of different parties of innovation management process … – inventor and owner, consumer of innovation and producer, government as well. …
Persistent link: https://www.econbiz.de/10008774332
The relevance and importance of marketing in innovation management has been questioned in recent years. Marketing has … been blamed directly or indirectly for poor returns on investment in innovation, and marketing models of the diffusion of … its critical role in innovation management. We review some recent research that has already started this "reinstatement …
Persistent link: https://www.econbiz.de/10010693761
innovation capability. The study contributes to the current understanding in two ways; first by presenting the important aspects … of organisational innovation capability, and second by showing the importance of measurement in promoting different … aspects of innovation capability. Design/methodology/approach – The study has been executed by conducting a web-based survey …
Persistent link: https://www.econbiz.de/10010814956
The article discusses recent advances and future challenges in innovation studies. First, it separately considers four … main strands of research, studying innovation at the organisational, systemic, sectoral and macroeconomic levels. Then … technological and institutional change; the role of demand; and the impacts of innovation on individual and collective welfare …
Persistent link: https://www.econbiz.de/10008764696