Showing 1 - 10 of 41
The standard neoclassical approach to economic theorising excludes, by definition, economic emergence and the related phenomenon of entrepreneurship. We explore how the most economic of human behaviours, entrepreneurship, came to be largely excluded from mainstream economic theory. In contrast,...
Persistent link: https://www.econbiz.de/10010576973
Persistent link: https://www.econbiz.de/10010226269
Using two panels of U.S. manufacturing industries, this paper estimates capital adjustment costs from 1961 to 1996. I find that from 1974-83 adjustment costs rose sharply --they more that doubled from about 3% of output to around 7%. Moreover, this increase is specifically associated with a...
Persistent link: https://www.econbiz.de/10005069701
premodern world and to show why they changed. His argument is that in a Principal-Agent situation, before the Industrial … acts of the agent, hence the “strange” institutions. In a modern world, with a much improved monitoring technology, we can …
Persistent link: https://www.econbiz.de/10010987937
Using annual data on 21 industrial countries from the period 1985 to 2009 and a large number of controls, this paper empirically analyzes the impact of technological change on unemployment. As proxy for technological change, it uses the ratio of triadic patent families to population. According...
Persistent link: https://www.econbiz.de/10010849045
In this introduction, we review the arguments that underpin the rationale for the special section, and provide a structured sequence for the contents of the six selected papers that comprise the section.
Persistent link: https://www.econbiz.de/10010939623
This paper looks at foreign Multinational Enterprises (MNEs) investing in the UK and at their impact on the innovation …-level information the paper develops a direct measure of capital inflows at a three-digit industry level. In order to capture innovation … Innovation Survey (CIS). The results suggest that domestic firms active in sectors with greater investments by MNEs show a …
Persistent link: https://www.econbiz.de/10011208740
literature on firm's boundaries and sectoral systems of innovation, we propose industry-specific variables for pharmaceuticals …
Persistent link: https://www.econbiz.de/10005087157
threats of profit loss due to imitation and complete valuation loss due to outside innovation. We disaggregate IPR policies by …
Persistent link: https://www.econbiz.de/10009647613
This paper is the Introduction to Recent Developments in the Economics of Science and Innovation (Edward Elgar, 2014 …
Persistent link: https://www.econbiz.de/10010840021