Taking into account the relevance of Biotechnology in the World industry and economic growth, this essay is focused on the analysis of the use of biotech patent information for determining technological trends and generating innovation indicators, because patents are an important technological...

This article discusses the three concepts of "learning," "entrepreneurship" and "dynamics of the firm" in order to bridge some of the gap between micro and macro levels of analysis in evolutionary economics. This article addresses the following four issues: 1) Localized learning dependent on the...

In the presence of markup differences, externalities and other social considerations, the equilibrium direction of innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing comparative static results and characterizes...

This paper investigates the institutional and organizational sources of change and persistence in the technological systems which bring new products to market in the Chinese pharmaceutical industry. Even after fifteen years of economic reforms, research institutes, manufacturers and wholesalers...

This paper studies the investor's investment decision in a standard financial contracting model with contractual constraints. The investor chooses between entrepreneurs with heterogeneous production technologies who generate different probability distributions of cash flow under effort. I...

We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane technology at existing plants and on the exit of...

The biotech industry in India is becoming better established and companies are being set up at a higher rate now. Through interviews and general knowledge of the local scene, I have identified nine stimuli for biotech company formation in India at present

We analyze the diffusion and integration of external knowledge by distinguishing between the depth and breadth of technological knowledge in combination with the type of partner and channel of exchange. Using a latent variable structural equation model with a sample of 202 US biotechnology firms...

In this study, we investigate whether U.S. high-technology firms are more or less conditionally conservative relative to low-technology firms. If U.S. high-tech firms are required to expense immediately all R&D costs according to the accounting standard SFAS 2, which reflects unconditional...

We use a hazard model to estimate the effect of environmental regulation on the diffusion of membrane cell production technology in the chlorine manufacturing industry. We estimate the effect of regulation on both the adoption of the membrane technology at existing plants and on the exit of...