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such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are … found to give rise to a “significant impediment to effective innovation competition” (“SIEIC”) as a result of a reduction in … impede effective competition as regards innovation both in innovation spaces where the Parties' lines of research and early …
Persistent link: https://www.econbiz.de/10012852989
This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...
Persistent link: https://www.econbiz.de/10011373830
entrants. Focusing primarily on pharmaceutical innovation, we analyze various policy interventions to solve this … an underlying invention's social value, and we show how such a system could incentivize socially optimal innovation …
Persistent link: https://www.econbiz.de/10013251136
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …
Persistent link: https://www.econbiz.de/10014027138
complex networks have been important research topics. In the inter-firm innovation network, it is a typical game behavior for …-firm innovation network. We build an extended inter-firm n-player game based on nonidealized conditions, describe four investment … strategies and simulate the strategies on an inter-firm innovation network in order to compare their performance. By analyzing …
Persistent link: https://www.econbiz.de/10011418694
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network …
Persistent link: https://www.econbiz.de/10011372508
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10013089915
incentives for innovation by applying a property rights approach. We explore a model in which two research laboratories invest in …
Persistent link: https://www.econbiz.de/10012944847
This paper integrates entrepreneurial reputation into a multi-period model which explores the financing and execution of heterogeneous projects under asymmetric information. We study a model where reputation can be acquired following a history of successful execution but may also be inferred...
Persistent link: https://www.econbiz.de/10012968406
Financing innovation presents informational and control problems for the financier, and different solutions are used … in innovation during the 2007-8 financial crisis for both. We extend prior theories of external financing's effect on … effect on company innovation on entering the crisis, but increased university innovation. Overall, however, company patenting …
Persistent link: https://www.econbiz.de/10013046438