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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10013248072
Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
Persistent link: https://www.econbiz.de/10014262826
Does regulation affect the pace and nature of innovation and if so, by how much? We builda tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss.Four-fifths of this loss is due to lower innovation … forchanges in the direction of R&D, and find that regulation's negative effects only matter forincremental innovation (as …
Persistent link: https://www.econbiz.de/10013229867
the impact of a particular regulation - license requirements for certain firm activities - on the innovation performance … led to an eight percentage points higher innovation rate within two years following the reform. We measure innovation as …
Persistent link: https://www.econbiz.de/10012795831
A creative economy requires innovation-friendly conditions. Korea’s innovation system should be improved by upgrading … level. The returns from Korea’s large investment in innovation should be enhanced by improving framework conditions – easing … adoption of new technology. Venture businesses and start-ups should play a key role in commercialising innovation. To make …
Persistent link: https://www.econbiz.de/10010464970
importance to the study of the innovation process, only recently research has started to attempt to trace researchers …To better understand how academic research can contribute to innovative growth and to assess how Europe is and could be …' intersectoral mobility. When looking for ways to improve the transfers from science to innovation, most of the attention in the …
Persistent link: https://www.econbiz.de/10011336735
Innovation policy involves trading off monopoly output and pricing today in exchange for incentives for firms to … develop new products. While existing research demonstrates that expected profits fuel R&D investments, little is known about …
Persistent link: https://www.econbiz.de/10012838413
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012194460
, but the very idea of regulation, become irrelevant or undesirable, other than as a vehicle for the pursuit of private …
Persistent link: https://www.econbiz.de/10013240405
– in fostering or hampering innovation in regulated industries, specifically the telecommunications industry. I combine an … analysis of recent EU and American case law with a simple economic model of multi-agency regulation and its effects on … innovation, as well as a discussion of the intentions of lawmakers when the current European regulatory system was last …
Persistent link: https://www.econbiz.de/10013067899