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Endogenous Spillovers and Incentives to Innovate
Gersbach, Hans; Schmutzler, Armin - 1999
-reducing innovation before they engage in competition for each other's R&D-employees. Successful bids for the competitor's employee then …-standing debate on the effects of the mode of competition on innovation incentives. We show that incentives to acquire spillovers are …, for a wide range of parameters, price competition gives stronger innovation incentives than quantity competition …
Persistent link: https://www.econbiz.de/10014203680
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On the global supply of basic research
Gersbach, Hans; Schneider, Maik T. - 2013 - This version: February 2013
In this paper we study the incentives for basic-research investments by governments in a globalized world. For this purpose, we develop a two-country Schumpeterian growth model in which each country chooses its basic-research investments. We find that a country's basic-research investments...
Persistent link: https://www.econbiz.de/10009721842
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On the Global Supply of Basic Research
Gersbach, Hans - 2013
In this paper we study the incentives for basic-research investments by governments in a globalized world. For this purpose, we develop a two-country Schumpeterian growth model in which each country chooses its basic-research investments. We find that a country's basic-research investments...
Persistent link: https://www.econbiz.de/10013085369
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Taxation, innovation and entrepreneurship : conference paper
Gersbach, Hans; Schetter, Ulrich; Schneider, Maik T. - 2013 - This version: February 2013
We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...
Persistent link: https://www.econbiz.de/10010342234
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How to get firms to invest: A simple solution to the hold-up problem in regulation
Gersbach, Hans - In: Review of Economic Design 7 (2002) 1, pp. 45-56
Many governmental programs are effective only if firms make costly investments. The inability of authorities to precommit to a regulatory scheme creates incentives for firms not to invest and to hold-up the regulator. This paper describes a simple subsidy/tax scheme embedded in a four-stage...
Persistent link: https://www.econbiz.de/10005596546
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Optimal mix of applied and basic research, distance to frontiers, and openness
Gersbach, Hans; Schneider, Maik T.; Schneller, Olivier - 2010
Persistent link: https://www.econbiz.de/10003976689
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Endogenous technological spillovers : causes and consequences
Gersbach, Hans; Schmutzler, Armin - In: Journal of economics & management strategy : JEMS 12 (2003) 2, pp. 179-205
Persistent link: https://www.econbiz.de/10001774399
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Basic research, openness, and convergence
Gersbach, Hans; Schneider, Maik T.; Schneller, Olivier - 2010 - This version: October 2010
We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....
Persistent link: https://www.econbiz.de/10008748324
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Basic Research, Openness, and Convergence
Gersbach, Hans - 2010
We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....
Persistent link: https://www.econbiz.de/10013137298
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Endogenous spillovers and incentives to innovate
Gersbach, Hans; Schmutzler, Armin - In: Economic theory : official journal of the Society for … 21 (2003) 1, pp. 59-79
Persistent link: https://www.econbiz.de/10001717357