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On Scale Effects, Market Power and Growth When Human and Technological Capital are Complements
Bucci, Alberto - 2003
In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...
Persistent link: https://www.econbiz.de/10014131913
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On Scale Effects, Market Power and Growth When Human and Technological Capital are Complements
Bucci, Alberto - 2003
In this paper we build an endogenous growth model where human capital and ideas are complements in the long-run equilibrium and technological progress takes the form of a continuous increase in the number of horizontally differentiated varieties of intermediate inputs. One peculiarity of the...
Persistent link: https://www.econbiz.de/10014145524
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On Rivalry, Variety and Spillovers in Endogenous Growth
Peretto, Pietro F. - 2008
knowledge protected by secrecy, patents and other appropriability devices. To explore the macroeconomic implications of this … knowledge variety yield increasing returns to the number of firms. A large number of firms leads to high output, high (aggregate …
Persistent link: https://www.econbiz.de/10014102339
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Minimum quality standards and novelty requirements in a one-shot development race
Prokop, Jacek; Regibeau, Pierre; Rockett, Katharine - 2009
The authors examine the timing and quality of product introduction in an R&D stopping game, where they allow for horizontal and vertical differentiation in the product market. They observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change....
Persistent link: https://www.econbiz.de/10003854613
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Minimum quality standards and novelty requirements in a one-short development race
Prokop, Jacek; Regibeau, Pierre; Rockett, Katharine - 2010
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10003958288
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Minimum Quality Standards and Novelty Requirements in a One-Short Development Race
Prokop, Jacek - 2011
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10013132086
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Does the technological content of government demand matter for private R&D? : evidence from US states
Slavtchev, Viktor; Wiederhold, Simon - 2014
Governments purchase everything from airplanes to zucchini. This paper investigates the role of the technological content of government procurement in innovation. We theoretically show that a shift in the composition of public purchases toward high-tech products translates into higher...
Persistent link: https://www.econbiz.de/10010399854
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Intended and unintended knowledge spillovers in innovation
Kraft, Kornelius; Rammer, Christian - 2023
Firms can use different sources of external knowledge for developing and implementing innovations. Some knowledge is … provided deliberately by the source and constitutes intended knowledge spillovers, e.g., knowledge disclosed in publications or … patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring …
Persistent link: https://www.econbiz.de/10014311915
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Transitional dynamics in R&D-based models of endogenous growth
Steger, Thomas M. - 2002 - Initial version: July 2002, This version: October 2002
development including over- and undershooting as well as growth cycles. The paper demonstrates an alternative route to growth … cycles, which does not require complex eigenvalues. …
Persistent link: https://www.econbiz.de/10010484498
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Reconsidering the Market Size Effect in Innovation and Growth
Latzer, Hélène - 2020
In the standard horizontal innovation model of endogenous growth, larger economies innovate more and grow faster. Due to the homotheticity of preferences, however, it does not matter whether the large market size comes from a large population or a high per capita expenditure. In this paper, we...
Persistent link: https://www.econbiz.de/10012844841