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differ. Functional flexibility is strongly positively associated with product innovations. In contrast, numerical flexibility … allows firms to ?buy? innovations in the short run, but reduces innovative capacity in the longer run. …
Persistent link: https://www.econbiz.de/10010297470
Modeling the spatial aspect of growth has finally become an important subject of economics as exemplified by the increasing popularity of the new economic geography. However, new economic geography models have still not been able to develop a consistent approach to integrate innovation, space...
Persistent link: https://www.econbiz.de/10010271745
The globalized Western culture of innovation, as propagated by major aid institutions, does not necessarily lead to empowerment or improvement of the well-being of the stakeholders. On the contrary, it often blocks viable indigenous innovation cultures. In African societies and African Diasporas...
Persistent link: https://www.econbiz.de/10010275975
According to Schumpeter, the creative process of economic development can be divided into three distinguishable stages of invention, innovation (commercialization) and imitation. We show why there is a rationale for the Schumpeterian entrepreneur to also include the inventor in the innovation...
Persistent link: https://www.econbiz.de/10010320081
In this paper we are concerned with the impact the public sector has on private sector innovation. Perhaps the most important issue is whether public sector innovation, or lack of it, impacts upon private sector firms. But we are also concern the extent perceptions of innovation across...
Persistent link: https://www.econbiz.de/10011470967
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...
Persistent link: https://www.econbiz.de/10011518444
innovations have been introduced in the market. This paper applies a new method to identify innovations in patent databases by … forward citations. Further, successful innovations are most positively related to patent renewal. Based on the traditional … innovations can be predicted. The developed parameters may be used to identify innovations across sectors and regions in other …
Persistent link: https://www.econbiz.de/10010502667
innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases … innovations and firms. …
Persistent link: https://www.econbiz.de/10010496891
In this paper, a theoretical model of the impact of product and process innovations on output, capacity utilization … than noninnovative firms. Innovations also change the market structure. The frequency of price and output changes is lower …
Persistent link: https://www.econbiz.de/10009542174
The article tackles the question of the ever growing importance of soft factors of production in the process of competitive advantage for contemporary enterprises. This condition has resulted of turbulent environment characterized by increasing competition, generalized uncertainty and...
Persistent link: https://www.econbiz.de/10012010874