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-goods producers drops during recessions. We then develop a model of lumpy investment with heterogeneous firms and endogenous … equilibrium feedback accounts for the observed comovement between investment and innovation, provides a powerful propagation …
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, whereby a consumer makes an investment specific to her current seller, which must be duplicated for any new seller. In this …
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In this article, the author inverses the traditional approach (does corporate governance favour innovation?) considering how innovation influences corporate governance in the European telecommunication sector.
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The paper characterizes main trends in ICT implementation and diffusion in the CEE countries in terms of market volume, its dynamics, economic development and ICT trade integration within the EU market. This gives support to the hypothesis of gradual closing up of technology gap in ICT sector...
Persistent link: https://www.econbiz.de/10011170328
Most existing empirical work on technology diffusion assumes technologies to remain constant throughout the diffusion process. However, many consumer technologies improve significantly over time. Using data on the characteristics of new mobile handsets over a ten-year period and controlling for...
Persistent link: https://www.econbiz.de/10010273048
We document the evolution of product innovation and features in the mobile telephone handset market. We distinguish between two types of product innovation: vertical and horizontal innovation. Using data from 1990 - 2003, we find that some characteristics have subsequently become an industry...
Persistent link: https://www.econbiz.de/10010285067
, while one is concerned with determinants of investment in ICT networks. The study uses German firm-level data and regional …
Persistent link: https://www.econbiz.de/10011698350