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A model of open innovation among competing firms is developed. Innovation is modelled as a dynamic sequential process where existing technologies advance through research. New technologies are incorporated into next generation of competing products. This model is implemented in an evolutionary...
Persistent link: https://www.econbiz.de/10012972498
We use an extended version of the well-established Crepon, Duguet and Mairesse model (1998) to model the relationship between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we consider different types of innovation spending and...
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We use an extended version of the well-established Crepon, Duguet and Mairesse model (1998) to model the relationship between appropriability mechanisms, innovation and firm-level productivity. We enrich this model in several ways. First, we consider different types of innovation spending and...
Persistent link: https://www.econbiz.de/10012458153
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