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the pharmaceutical industry. In this proposed theoretical and empirical work, innovation from the North, followed by … oligopolistic market induced by vertical innovation, tighter IPRs may hurt both economies; while in a monopolistic competition … market induced by horizontal innovation, tighter IPRs may benefit both economies as long as the degree of IPR protection is …
Persistent link: https://www.econbiz.de/10013082062
learningbydoing and organizational forgetting in R&D on firms' incentives to innovate. A dynamic step-by-step innovation model with … history dependency is developed. Firms can accumulate knowledge by investing in R&D. As a benchmark without knowledge … experience by performing R&D the resulting effect of knowledge induces technological leaders to rest on their laurels which …
Persistent link: https://www.econbiz.de/10010300837
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Using a large panel data set of German manufacturing establishments, this paper investigates the impact of competition on training incidence as well as on the number of trained workers. According to theory, one would expect a negative relationship between product market competition and firms'...
Persistent link: https://www.econbiz.de/10010264712
Using a large panel data set of German manufacturing establishments, this paper investigates the impact of competition on training incidence as well as on the number of trained workers. According to theory, one would expect a negative relationship between product market competition and firms'...
Persistent link: https://www.econbiz.de/10003725752
The paper asks a simple question. If individuals demand products from the firms in the economy and supply their skills concomitantly to the firms, then why should there be skill gap in the society, i.e., mismatch between skills that individuals possess and firm’s demand. After all, in a...
Persistent link: https://www.econbiz.de/10014112632
Audits by private, third-party auditors are frequently mandated to ensure compliance with regulations (e.g., accounting or environmental standards). We examine how such mandates shape the market for audits. In our empirical examination, we focus on one of the oldest and most prominent audit...
Persistent link: https://www.econbiz.de/10014370468
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