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This paper studies the effect of competition on firm innovation by developing a discrete-time endogenous growth model where multi-product firms do two types of innovation subject to friction in technology spillovers. Firms improve their existing products through internal innovation while...
Persistent link: https://www.econbiz.de/10013226722
safety revolution occurred that saw shipping losses and insurance rates on oceanic routes almost halved thanks to steady …
Persistent link: https://www.econbiz.de/10012115996
can be implemented in insurance sector in near future. Everything that looks shining stars in the beginning that always … more risk can be associated with it. Blockchain technology can either create the revolution in insurance sector or it can … that it can only accessed by the authorized personal. Insurance sector in which paying the premium, putting a claim for the …
Persistent link: https://www.econbiz.de/10013238776
This work focuses on forecasting emerging technology trends in the insurance industry with the use of artificial … intelligence (AI). In comparison to similar industries, the digital transformation of the insurance industry is progressing slowly …. Traditional insurance organizations are struggling to gain an overview over emerging technologies to be used in their respective …
Persistent link: https://www.econbiz.de/10014355359
Persistent link: https://www.econbiz.de/10013549113
In this paper, a theoretical relationship is obtained to measure the effect that inefficiency has on marginal costs, degree of economies of scale and technical change. It is shown that when the relationship between inefficiency and output level is ignored, the estimation of marginal costs and...
Persistent link: https://www.econbiz.de/10012260171
We adopt a novel variation of the traditional structure-conduct-performance modelling approach, looking at between, rather than within, industries to study the impact of changes in the bank market structure on the corporate performance of financial technology (fintech) firms using firm-level...
Persistent link: https://www.econbiz.de/10014238952
We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors. This is mainly driven by dynamics within...
Persistent link: https://www.econbiz.de/10014362876
We study the changing patterns of business dynamism in Europe after 2000 using novel micro-aggregated data that we collect for 19 European countries. In all of them, we document a decline in job reallocation rates that concerns most economic sectors. This is mainly driven by dynamics within...
Persistent link: https://www.econbiz.de/10014362897
We study changes in business dynamism in Europe after 2000 using novel micro-aggregated data that we collected for 19 European countries. In all countries, we document a broad-based decline in job reallocation rates that concerns most economic sectors and size classes. This decline is mainly...
Persistent link: https://www.econbiz.de/10014493768