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This paper addresses two basic issues related to technological innovation and climate stabilisation objectives: i) Can … innovation policies be effective in stabilising greenhouse gas concentrations? ii) To what extent can innovation policies … technical progress in the energy sector. We evaluate a range of innovation policies, both as a stand-alone instrument and in …
Persistent link: https://www.econbiz.de/10013094894
This paper studies a two-country production economy with complete and frictionless financial markets and international trade of final goods in which competition in R&D leads to endogenous new firm creation and economic growth. Current monopolists ("incumbents") and potential new firms...
Persistent link: https://www.econbiz.de/10010468546
, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy …
Persistent link: https://www.econbiz.de/10012958356
enables the model to replicate the empirically rather moderate correlation between the R&D innovation probabilities of …
Persistent link: https://www.econbiz.de/10012061634
, incumbents. With these models at hand, we provide new insights on the interplay of innovation dynamics and fiscal policy. …
Persistent link: https://www.econbiz.de/10011637958
development (R&D) by entrants and, if applicable, incumbents. Regardless of the innovation structure, an increase in consumption … economic growth alongside a welfare loss in the homogeneous innovation model. However, in the heterogeneous innovation model … higher welfare. Only higher capital investment subsidies lead to jointly higher growth and welfare in both innovation models …
Persistent link: https://www.econbiz.de/10012967752
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of … have been made of these data: the construction of scoreboards for monitoring innovation and the scholarly analysis of … various issues related to innovation. In particular, we review the questions examined and the results obtained regarding the …
Persistent link: https://www.econbiz.de/10014025145
Purpose: emerging economies lead advanced economies in world investment but lag advanced economies in innovation. We … idiosyncratic risks to the innovation process and financial constraints. We parameterize the model in correspondence to general … emerging economies versus advanced economies and we compare total investment and the innovation-to-maintenance investment ratio …
Persistent link: https://www.econbiz.de/10014243574
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of … have been made of these data: the construction of scoreboards for monitoring innovation and the scholarly analysis of … various issue related to innovation. In particular we review the questions examined and the results obtained regarding the …
Persistent link: https://www.econbiz.de/10013143258
, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …
Persistent link: https://www.econbiz.de/10011497793