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Many studies investigate the relationship between R&D expenditures as an input and patents as an intermediate product or output of a knowledge production function. We suggest that the productivity of research in patent production functions has been underestimated in the literature, as scholars...
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In this paper we explore the concept of informal innovation by investigating it both on the input (activities) and … output (impact) side of the innovation process. Informal innovation is defined as innovation that is not explicitly planned … and budgeted and therefore remains largely hidden in (aggregate) innovation data. We take a statistical approach to reveal …
Persistent link: https://www.econbiz.de/10014206811
The duration and magnitude of the private economic benefits obtained from firm-level R&D outlays are important to managers, investors and policy-makers. We present a modeling and estimation approach that facilitates reliable estimation of these benefits under mild a priori assumptions. Our...
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This paper demonstrates that the desire found within many organizations to measure the learning being undertaken can undermine the ability to develop new knowledge. The reasons for this are cited as the potential impact of mental models as closing mechanisms, coupled with the likely affect that...
Persistent link: https://www.econbiz.de/10014161816