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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …
Persistent link: https://www.econbiz.de/10012431121
the impact of a particular regulation - license requirements for certain firm activities - on the innovation performance … led to an eight percentage points higher innovation rate within two years following the reform. We measure innovation as …
Persistent link: https://www.econbiz.de/10012795831
more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. …
Persistent link: https://www.econbiz.de/10008919575
more important when there is an increase in network effects. A consequence is higher innovation incentives under an … reducing bidding competition, thereby also reducing acquisition prices and innovation incentives. …
Persistent link: https://www.econbiz.de/10010320239
acquisitions (M&As) and corporate innovation. It also identifies relevant policies implemented by countries around the world to … encourage corporate innovation activities, and discusses the experience from which policy makers and practitioners in Asia could … learn lessons from. Finally, it makes policy recommendations to promote innovation in both emerging and developed economies …
Persistent link: https://www.econbiz.de/10011757954
Disruptive innovation creates increasing regulatory challenges. The reason for this is simple: Regulation is usually … 2015, the paper shows how investment data can provide important feedback on innovation trends and associated risks for …
Persistent link: https://www.econbiz.de/10012987087
Persistent link: https://www.econbiz.de/10013031146
Persistent link: https://www.econbiz.de/10013032623
Persistent link: https://www.econbiz.de/10012849392
A large consensus in the literature suggests that law has a diminishing capacity to react to innovation. After … of the so-called pacing problem between regulation and innovation, the chapter evaluates proposed remedies for the pacing …
Persistent link: https://www.econbiz.de/10014034803