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We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010291511
Persistent link: https://www.econbiz.de/10011475485
results on the relation between patenting and innovation size are then confronted with survey data for small European firms …. Using a binary size measure, we find strong support for the traditional view that firms patent their most important …
Persistent link: https://www.econbiz.de/10010294735
Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology … producers. In this paper I discuss how patent pools can be used to solve these problems and what incentives patent holders have … to form a patent pool. I offer some suggestions how competition authorities can foster the formation of welfare …
Persistent link: https://www.econbiz.de/10010333897
In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find various new distortions between private and optimal...
Persistent link: https://www.econbiz.de/10010262488
expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …
Persistent link: https://www.econbiz.de/10011422187
We present a Schumpterian model of endogenous growth with General Purpose Technologies (GPTs) that captures two important historical stylized facts: First, from the beginning of mankind until today GPTs are arriving at an increasing frequency and, second, all GPTs heavily depended on previous...
Persistent link: https://www.econbiz.de/10011753212
, innovation and sectoral growth. We find that a stringent reduction target for carbon emissions combined with a CO2-tax leads to …
Persistent link: https://www.econbiz.de/10011753217
innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10010294270
mechanisms for medium inventions, and patent their most important innovations. This result reestablishes the traditional view …
Persistent link: https://www.econbiz.de/10010294701