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In many countries, inducing large-scale technological changes has become an important policy objective, as in the context of climate policy or energy transitions. Such large-scale changes require the development of strongly interlinked technologies. But current economic models have little...
Persistent link: https://www.econbiz.de/10011702423
technological change. We implement divergent learning-by-doing specifications in a multi-region power market model by means of mixed …-integer programming to approximate non-linear investment costs. We consider European learning, regional learning, and three different ways … to depreciate experience stocks within the European learning metric: perfect recall, continuous forgetting, and lifetime …
Persistent link: https://www.econbiz.de/10013272914
We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The … distinguishing two dimensions of regulation, i.e. design and intensity, and their effects on innovation. The patent data is based on …
Persistent link: https://www.econbiz.de/10012230967
In this paper we analyze an inter-temporal optimization problem of a representative firm that invests in horizontal and vertical innovations and that faces a constraint with respect to total R&D spending. We find that there can exist two different steady-states of the economy when the amount of...
Persistent link: https://www.econbiz.de/10011633782
Persistent link: https://www.econbiz.de/10014310394
This paper introduces heterogeneity of cross-technologies interactions into the double-differentiated R&D-based endogenous growth model. In this model new technologies appear continuously and older are outdated generating structural change. All technologies may interact with each other through...
Persistent link: https://www.econbiz.de/10011790678
This paper studies how network structure can affect the speed of adoption. In particular, we model the decision to adopt Python 3 by software packages. Python 3 provides advanced features but is not backward compatible with Python 2, which implies adoption costs. Moreover, packages form...
Persistent link: https://www.econbiz.de/10012137084
This paper studies technology adoption in a duopoly where the unbiased technological change improves production efficiency. Technological progress is exogenous and modeled as a jump process with a drift. There is always a Markov perfect equilibrium in which the firm with more efficient...
Persistent link: https://www.econbiz.de/10014182833
attempt to search for directions, as well as the power of impact of different phases of the business cycle on the innovation … industrial companies (questionnaire survey) it was stated that in the prosperity phase the implementation of the innovation …, the innovation activity is a less common phenomenon, but is not completely abandoned. Research results did not confirm the …
Persistent link: https://www.econbiz.de/10012002317
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