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&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates … inter-firm asymmetries, which destabilizes the collusive equilibrium. Innovation sharing through cooperative R&D preserves … the collusion stability but also raises social welfare. Interestingly, a welfare improvement is less likely if innovation …
Persistent link: https://www.econbiz.de/10010332459
We estimate the effects of R&D on firms' credit ratings and on financial distress. The main purpose is the comparison of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on firm value proxied by ratings in Western Germany, but a...
Persistent link: https://www.econbiz.de/10010297541
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policy measures, which improves our understanding of the frequently observed positive net effect of policies. Controlling for …
Persistent link: https://www.econbiz.de/10011582426
energy related policies on domestic innovation activities. Under control of the respective domestic policy stringency, we …. Hence, we see that foreign policy impacts domestic innovation primarily from the demand side. We further find that foreign …. However, when we introduce foreign (policy induced) demand, the significant effects of the other foreign policies vanish …
Persistent link: https://www.econbiz.de/10011659996
explore, and recommend, governance structures and policy mechanisms to ensure governments have the agility and ability to keep …
Persistent link: https://www.econbiz.de/10011817096
that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could …’ skill in R&D activities and intensity of inputs. Inclusive immigration policy requires inter-sectoral diffusion of ideas … embedded in talented immigrants targeted for innovation. …
Persistent link: https://www.econbiz.de/10011872139
The issue of disruptive operators has recently gained interest among researchers and regulators. From a regulator's perspective, disruptive operators can increase competitive rivalry in markets dominated by a handful of large companies, thus allowing consumers to obtain more benefits in terms of...
Persistent link: https://www.econbiz.de/10011944640
issues will be cross classified with J23; those focusing on innovation and entrepreneurship will be cross classified with O31 … the questions this review covers the intersection of entrepreneurship with labor markets, innovation and capital …
Persistent link: https://www.econbiz.de/10010271790
-productivity firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model … identifies the impact of innovation, imitation and R&D costs on firms' R&D decisions. R&D costs gained importance in Switzerland … prioritize enhancing innovation and imitation success over cost reduction to boost productivity growth. …
Persistent link: https://www.econbiz.de/10014567545