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such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
innovation drive income expansion. Funke and Strulik [2000]. On endogenous growth with physical capital, human capital and … phases, characterized in a temporal order by physical capital accumulation, human capital formation, and innovation, and that … development are possible and show that the model can generate a trajectory in which innovation precedes human capital formation …
Persistent link: https://www.econbiz.de/10013040130
innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …
Persistent link: https://www.econbiz.de/10010341625
effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …
Persistent link: https://www.econbiz.de/10012894900
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …
Persistent link: https://www.econbiz.de/10011562657
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
Persistent link: https://www.econbiz.de/10010414249
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
increase in the share of government purchases in high-tech industries increases the rewards for innovation, and stimulates … findings bring public procurement within the realm of the innovation policy debate. …
Persistent link: https://www.econbiz.de/10010312075