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We specify and estimate a dynamic game to study the equilibrium relationship between market structure and innovation in … as stochastically increasing in innovation, the dynamic control, which is proxied by patent applications. Equilibrium … innovation is a function of market structure, the vector of quality levels of all active firms, and the cost of R&D. Our main …
Persistent link: https://www.econbiz.de/10014155399
study the equilibrium relationship between market structure and innovation. The key state variable in the model is the …. Efficiency is estimated to be stochastically increasing in the dynamic control-innovation-which is proxied by patenting behavior …. Equilibrium innovation is a function of all state variables in the industry and the cost of R&D which includes a privately …
Persistent link: https://www.econbiz.de/10014041800
We use daily administrative data from a leading automobile manufacturer to study the organizational impacts of introducing new models to the auto assembly line. We first show that costly defects per vehicle spike when new models are introduced. As a response, the firm trains in problem-solving...
Persistent link: https://www.econbiz.de/10014337815
paper undertakes econometric analysis of innovation, learning, and exporting in automobiles and electronics firms in the PRC … innovation was important, there has been little research on opening up the black box of technology at firm-level in the PRC. This … using a large-scale dataset to identify the most appropriate innovation proxy. Drawing on recent literature on innovation …
Persistent link: https://www.econbiz.de/10009557904
Developing new innovative products in the automotive industry means investing huge sums in advance, as one does not know if the product will be successful on the market after launch. Hence, companies are interested in knowing and measuring the critical success drivers within the development...
Persistent link: https://www.econbiz.de/10012751150
Over the last few decades, innovation has doubled automobile performance at a time when outsourcing has increased. But … outsourcing is subject to well-known contracting hazards that would also afflict outsourcing for innovation. In this paper, we … examine how supplier firms generate innovation in the presence of such hazards, using a recent survey of the US automotive …
Persistent link: https://www.econbiz.de/10014036350
Hungarian suppliers. The paper concludes that diffusion models and the notion of sectoral system of innovation and production … innovation systems still do matter. As for a major element of an NIS, namely government policies, it is more fruitful to create … an attractive, favourable environment for R&D and innovation than focusing on the promotion of industry-specific R&D and …
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