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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
The goal of this paper is to present a formal model of firm innovation that simultaneously analyzes innovation factors … serves here as an input measure of firm innovation. R&D intensity can be defined as a ratio of firm's R&D spending to the … an elasticity-based model of firm innovation. Further, within the model framework, it is shown how horizontal R …
Persistent link: https://www.econbiz.de/10012025742
In an open and digital economy where ICTs, global networks and innovation systems play a key economic role, knowledge … to use new ways to innovate. New innovation processes permit companies to reduce risk and the costs of innovation. New … paradigms, called open innovation and co-innovation, allow organizations to remain innovative in a rapidly changing environment …
Persistent link: https://www.econbiz.de/10012026625
Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping … stifling broad sectoral innovation. We conclude with speculations regarding how this oligopolistic future might be averted …
Persistent link: https://www.econbiz.de/10014544752
-organisational configurations of these factories confirm that this wave of technological innovation is far from leading to total automation or the …
Persistent link: https://www.econbiz.de/10012655000
for the US market on the innovation efforts of the Mexican manufacturing sector. After controlling for the influence of … innovation of Mexican manufacturing firms in products, in processes, and for the world. Given that the quadratic positive effect …
Persistent link: https://www.econbiz.de/10012029643
Purpose: Over time, technological intensity has been used as a proxy for innovation capability of firms in an …. Therefore, this study aims to explore a potential association between technological intensity and innovation capability in firms … and the components of innovation capability proposed by Zawislak et al. (2012, 2013). Design/methodology/approach: The …
Persistent link: https://www.econbiz.de/10011963256
Persistent link: https://www.econbiz.de/10011717967
In the last decades, innovation activity has been defined by an increasing complexity and a faster pace of the … underlying technological change. Accordingly, several studies have shown that competitive systems of innovation benefit from …
Persistent link: https://www.econbiz.de/10010431699