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Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may...
Persistent link: https://www.econbiz.de/10014195400
We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography …
Persistent link: https://www.econbiz.de/10011810111
This paper examines empirically the theoretical relationship between external knowledge and innovation success. Special …-specific absorptive capacities. The results of the micro-econometric analysis based on German firm data on innovation suggest that firms … can effectively use external R&D within their own innovation process, as long as they have access to the relevant …
Persistent link: https://www.econbiz.de/10014190337
We introduce knowledge spillovers in a model of innovation competition a la Federico et al. (2017) and Denicolo and … Polo (2018), which otherwise features horizontal mergers that harm innovation due to the business stealing effect. With … merger can improve the incentives for innovation. Horizontal mergers raise (reduce) innovation if the spillover effect is …
Persistent link: https://www.econbiz.de/10013404464
. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …
Persistent link: https://www.econbiz.de/10012104132
Persistent link: https://www.econbiz.de/10012597687
process innovation affect channel structure and effort investment incentives? 2) What are the interactions between … manufacturers invest more in process innovation than perfectly coordinated manufacturers do when spillovers are large. Moreover, in … industries where large spillovers exist, horizontal cooperation among manufacturers induces higher levels of process innovation …
Persistent link: https://www.econbiz.de/10014026071
This paper is concerned with confidentiality of vertical information sharing in a supply chain consisting of one manufacturer in the upstream and two or more retailers in the downstream engaging in a Bertrand competition. Each retailer has some private information about the uncertain demand and...
Persistent link: https://www.econbiz.de/10014028169
companies (MNCs). Such subsidiaries are viewed as critical players in the innovation process at MNCs. Although this topic has … the dynamics of the innovation process in Russian-based subsidiaries of global MNCs. It seeks to explore and understand … motivation and drivers of innovation, key participants, and impact and outcomes of innovation, with a specific reference to the …
Persistent link: https://www.econbiz.de/10013086994
We build on the imperfection of intellectual property rights as the central motivation for the organization of firms. There are several characteristics specific to a theory of the firm grounded on the absence of intellectual property rights: monetary incentive schemes arise naturally as a...
Persistent link: https://www.econbiz.de/10013320300