The paper presents a dynamic model of trading on market of patents. It is assumed that each firm participating in market produces its own technologies, whereas its manufacturing sector utilizes both originally produced technologies and those produced in other firms. The firms are therefore...

A dynamic model of investment process for a technology innovator in a market environment is designed. The "light" dynamics of the active innovator is described by the system of exponential trajectories in which one can quickly change growth parameters. It is assumed that the innovator operates...

The nonlinear model of economic growth involving production, technology stock and their rates is considered. Two trends - growth and decline, in interaction between production and R&D investment are examined in the balance dynamics. The optimal control problem of R&D investment is studied for...

Japan's electrical machinery firms are typical high technology firms and have been playing a leading role in Japan's economic development. This is primarily due to the large amount of R&D investment motivated by technoprenuership leading to high level of technology stock. However, such a high...

This paper studies and compares the actual historic solar photovoltaic (PV) installation data in Japan and the United States and proposes two deployment models to account for the differences. Deployment, along with research, development and demonstration, constitutes what is known as the RD3...

In the discussion of renewable energy deployment, one key concern is the various types of barriers that renewable energy needs to overcome before it can make its way into the mainstream. These barriers increasingly shift from the technical to the economic and institutional. The most general...

Despite intensive efforts aiming at substituting oil with technology-driven new energy, i.e. primarily with renewable energy, a limited amount of renewable energy has become practically utilized. In response to increasing concerns of the global environmental consequences of CO2 discharge...