The generation of new varieties is crucial for economic growth. The capitalistic mode of production has shown over time a remarkable capability of setting incentives for economic actors to create new products and processes. Concerning the development of new products, the incentives lie in the...

This paper empirically analyzes the determinants of demand in the German automobile industry. Our primary goal is to refine the existing literature on that topic by exploring the impact of uniqueness seeking behaviour of individuals on the demand schedule. Using a dataset on the segment of...

This paper presents a History Friendly Model which addresses the issue of the bifurcation in "technological styles" between US and Britain during the nineteenth century. The model aims at gaining a better understanding of the micro-dynamics that gave rise to different patterns of innovation in...

Scientific breakthroughs coming from universities can contribute to the emergence of new industries, such as in the case of biotechnology. Obviously, not all research conducted in universities leads to a radical change from existing technological trajectories. Patents and patent dynamics have...

This paper empirically tackles a behavioral aspect of consumer choices as a determinant of demand in the German automobile industry. Our primary goal is to refine the existing literature on demand estimation by exploring the impact of uniqueness seeking behavior of individuals. Using a dataset...

This paper provides new empirical evidence about the impact of various technological policies upon firms’ innovative behaviour. We take into consideration the role of policies for innovative activities and we focus on their interaction. While supply-side policies such as R&D subsidies and tax...

Innovation is widely acknowledged as one of the main forces driving economic growth. However, despite our significant knowledge of the technological determinants of innovation processes, an adequate understanding of demand side factors is still lacking. This paper aims to survey the literature...