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Interactive effects of monetary policy and patent protection : the role of endogenous innovation size
Lu, You-Xun - In: Economic modelling 113 (2022), pp. 1-11
Persistent link: https://www.econbiz.de/10013349250
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Crypto Economics - The Top 100 Token Models Compared
Kaal, Wulf A. - 2019
The article provides an overview of the evolving economic incentive designs in decentralized systems. After introducing the decentralized economic policy tools that influence token design, the author examines the leading token models in a hand-selected dataset comprising the top one hundred...
Persistent link: https://www.econbiz.de/10012898126
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Economics of Intellectual Capital (6) : Global Reserve Assets as a Solution to the Monetary Trilemma under Intertemporal Trade
Ziesemann, Cyndia - 2023
The antecedent studies have designed new funding with the intellectual capital money (IKM) upon trading the intellectual capital (IK) to ensure unimpeded access to it and spur its generation and exploitation. This piece examines the static and dynamic behavior of IKM in an open economy. The...
Persistent link: https://www.econbiz.de/10014346507
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The growth and welfare analysis of patent and monetary policies in a Schumpeterian economy
Huang, Chienyu; Yang, Yibai; Cheng, Chu-Chuan - In: International review of economics & finance : IREF 52 (2017), pp. 409-426
Persistent link: https://www.econbiz.de/10011791362
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Innovation and Finance : An SFC Analysis of Great Surges of Development
Caiani, Alessandro - 2012
capitalistic economy. These cycles, inherent to the rise of innovation, are an unavoidable consequence of the way in which markets … played by finance in fostering innovation, in defining bank credit as the “monetary complement” of innovation. Nevertheless …, we feel that the connection between innovation and firm financing has seldom been examined from a theoretical standpoint …
Persistent link: https://www.econbiz.de/10013098660
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A Schumpeterian analysis of monetary policy, innovation and North-South technology transfer
Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - 2013
Persistent link: https://www.econbiz.de/10010244903
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Innovation and imitation in a product-cycle model with FDI and cash-in-advance constraints
Chen, Hung-Ju - In: Journal of macroeconomics 58 (2018), pp. 91-114
Persistent link: https://www.econbiz.de/10012128091
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Congestion in onboarding workers and sticky R&D
Bloesch, Justin; Weber, Jacob P. - 2023
R&D investment spending exhibits a delayed and hump-shaped response to shocks. We show in a simple partial equilibrium model that rapidly adjusting R&D investment is costly if the probability of converting new hires into productive R&D workers ("onboarding") is decreasing in the number of new...
Persistent link: https://www.econbiz.de/10014425856
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The Case for a Wholesale Central Bank Digital Currency Architecture
Hamdy, Mohammad - 2023
Among the countries currently considering issuing a central bank digital currency (CBDC), including nearly all of G20, there is a strong preference for a retail CBDC made available to the general public through private intermediaries. This Policy Brief sheds light on the technical complexities...
Persistent link: https://www.econbiz.de/10014348596
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Some Lessons from Asian E-Money Schemes for the Adoption of Central Bank Digital Currency
Sun, Tao; Rizaldy, Ryan - 2023
This paper synthesizes four lessons from the experiences of six Asian e-money schemes for central banks as they consider adopting central bank digital currency (CBDC): (i) CBDC should embody four attributes: trust, convenience, efficiency, and security; (ii) CBDC service providers can facilitate...
Persistent link: https://www.econbiz.de/10014350034