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This paper examines how strategic alliances to create and use standards affect economic growth and development. The explanation of the link from standards to economic growth and development is through the effects of standards on the incentives to perform industrial research and development...
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We model the economics of the effects of standards on incentives for innovative investment. We use survey data from industrial respondents to parameterize our model, allowing us to explain and predict effects of technology standards on investment in the development of technology and thereby...
Persistent link: https://www.econbiz.de/10014159431
The paper presents a model in which government standards regarding toxic air emissions increase R & D for process innovations that reduce pollution. To estimate the model, primary data about manufacturers' process R & D aiming to reduce the toxic air emissions of chemicals targeted in Title III...
Persistent link: https://www.econbiz.de/10014085440