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To address the relationship between innovation and competition we jointly estimate the opportunity, production, and … impact functions of innovation in a simultaneous system. Based on Swiss micro-data, we apply a 3-SLS system estimation. The … low innovation, 2. low competition with high innovation, and 3. a "no innovation trap" at very high levels of competition …
Persistent link: https://www.econbiz.de/10014038777
projections for low- and middle-income countries are met, we estimate the residual demand for technology and policy innovation …How much innovation will be needed to meet the United Nations' Sustainable Development Goals? We model shifts in the …
Persistent link: https://www.econbiz.de/10012944469
We study the impact of demand on innovation. By focusing on a sample of small- and medium-sized enterprises in several … industries and European countries, we analyse how demand stimulates innovation by providing economic incentives and reducing … uncertainty. Considering the size of the market as a proxy for the presence of demand, we find support for the idea that the …
Persistent link: https://www.econbiz.de/10014213150
We investigate the impact of information and communication technologies (ICT) on local loan officers' autonomy in small business lending. We derive a simple agency model of the interaction between a local branch manager and the headquarters, which yields an estimable equation for the optimal...
Persistent link: https://www.econbiz.de/10013138578
One of the remaining challenges in explaining differences in total factor productivity is heterogeneity between sectors …
Persistent link: https://www.econbiz.de/10012295808
varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of … with the size of the destination market and with the ability to match demand, but is inversely related to market …
Persistent link: https://www.econbiz.de/10011472938
; modelling techniques ; switching regression ; export demand …
Persistent link: https://www.econbiz.de/10003891080
; modelling techniques ; switching regression, export demand …
Persistent link: https://www.econbiz.de/10003901021
; modelling techniques ; switching regression ; export demand …
Persistent link: https://www.econbiz.de/10003904641
This paper deals with the impact of the $/€ exchange rate on German exports in the period from 1995Q1 to 2008Q4. Our main aim is to identify pain thresholds for German exporters. We rely on a non-linear model according to which suddenly strong spurts of exports occur when changes of the EXR go...
Persistent link: https://www.econbiz.de/10013150299