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We investigate conditions that aggravate market failures in energy innovations, and suggest optimal policy instruments to address them. Using an intertemporal general equilibrium model we show that "small" market imperfections may trigger a several decades lasting dominance of an incumbent...
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gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10011511054
This study explores the influence of trade policy uncertainty on medical innovation investment in developing nations … reducing tariff uncertainty boosts innovation beyond patent filings and margin reaction and exports. Long-term impacts of … the findings. This paper also shows a long-term link between medical innovation, trade policy uncertainty, and research …
Persistent link: https://www.econbiz.de/10013493154
We study optimal pricing strategies and consequent market shares' dynamics in a transition from an old and established technology to a new one. We simulate an agent based model, in which a large population of possible buyers decide whether to adopt or not depending on prices, private signals and...
Persistent link: https://www.econbiz.de/10013055888
This paper studies the problem of incentivizing an agent in an innovation project when the progress of innovation is … known only to the agent. I assume the success of innovation requires an intermediate breakthrough and a final breakthrough …
Persistent link: https://www.econbiz.de/10013030706
There is currently much hope about environmental innovation and green technologies, notably as a response to the threat … of climate change. This paper offers a critical perspective on the role of technological innovation to solving … environmental and innovation policies to stimulate environmental innovation, to escape current and to evade early new lock-ins, and …
Persistent link: https://www.econbiz.de/10008809597
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