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We hypothesize, and examine empirically, two types of association between organization capital and firm life cycle. Are firms with high organization capital more likely to be in a particular stage of their life cycle than firms with low organization capital? Are firms' transitions from one life...
Persistent link: https://www.econbiz.de/10012972861
research indicates that most students are lured by immersive multi-sensory three-dimensional environments as well as by virtual … information. This research calls for the development of regulatory instruments, including sound principles, guidelines and …
Persistent link: https://www.econbiz.de/10014344213
products, used in the secondary and tertiary industrial sectors. The second part of the article defines the behavioral research … biomass in the framework of the economic model of transition to the bioeconomy. The conclusions of our research are in line …
Persistent link: https://www.econbiz.de/10011979704
We consider procurement of an innovation from heterogeneous sellers. Innovations are random but depend on unobservable effort and private information. We compare two procurement mechanisms where potential sellers first bid in an auction for admission to an innovation contest. After the contest,...
Persistent link: https://www.econbiz.de/10010334102
The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...
Persistent link: https://www.econbiz.de/10003872189
We consider procurement of an innovation from heterogeneous sellers. Innovations are random but depend on unobservable effort and private information. We compare two procurement mechanisms where potential sellers first bid in an auction for admission to an innovation contest. After the contest,...
Persistent link: https://www.econbiz.de/10003935696
across stocks, creating gains from diversification. The research and pollution policies are tightly linked in such a setting … technologies produce. Research is sequential and the optimal portfolio of technologies is finite. …
Persistent link: https://www.econbiz.de/10003592656
research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities … some features of an optimal research policy. …
Persistent link: https://www.econbiz.de/10011399680
-firm hierarchies. By means of adequate emission taxes, original and absorptive research and development (R&D) subsidies we prove that … investment in absorptive research, the competition of firms on a common market helps non-cooperating countries to better …, opening markets to international trade increases the per-unit emission-tax and the per-unit original research subsidy. It …
Persistent link: https://www.econbiz.de/10009718259
We analyze the differential growth effects of basic research, applied research, and embodied human capital accumulation … and expenditures for basic research. Our results also indicate that raising public investments in basic research reduces … economy. These short-run costs of basic research might be an explanation for the reluctance of governments to increase public …
Persistent link: https://www.econbiz.de/10010241450