Showing 1 - 10 of 6,374
in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …
Persistent link: https://www.econbiz.de/10014025173
innovation that illustrates an endogenous process of internal competition. This often political and contentious process can have …
Persistent link: https://www.econbiz.de/10014047178
We propose a simple model where the innovation rate of a technological domain depends on the innovation rate of the … predictability of innovation rates can be boosted substantially when network effects are taken into account. In the case where a … technology's neighbourhood further innovation rates are known, the average predictability gain is 28% compared to simpler time …
Persistent link: https://www.econbiz.de/10014101485
imitate instead of concurrently investing in innovation, which alleviates competitive pressure. In contrast with the classical …
Persistent link: https://www.econbiz.de/10011866633
This paper studies the asset pricing implications of technology spillover, an important externality in innovation … firms. These findings highlight the importance of innovation externality on stock returns …
Persistent link: https://www.econbiz.de/10012854307
We introduce technological influence as a variable to measure an invention’s direct and indirect impact on the evolution of technology. This provides a novel means to study the short and long run effect of invention antecedents on technological evolution, invention activity, and economic...
Persistent link: https://www.econbiz.de/10014037323
Persistent link: https://www.econbiz.de/10013185065
The main aim of the paper is to assess the innovation gap between the national innovation systems (NIS) of the European … as the assessment of the innovation gap between the national innovation systems of the EU and the average level of … Union (EU) and the average level of innovation of EU economies. The study takes into account NIS identified in the …
Persistent link: https://www.econbiz.de/10014339694
It has been argued that “General Purpose Technologies” (GPTs) have the power to change the pace and direction of economic progress. Although there is empirical evidence on the virtuous effect of the diffusion of these technologies, this evidence is mostly based, if not exclusively, on...
Persistent link: https://www.econbiz.de/10012852646
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116