Showing 1 - 10 of 11,380
Filson (2001) uses industry-level data on firm numbers, price, quantity, and quality along with an equilibrium model of industry evolution to estimate the nature and effects of quality and cost improvement in the personal computer industry and four other new industries. This paper studies the...
Persistent link: https://www.econbiz.de/10011565053
This paper develops a model of technological progress in the microprocessor industry that connects the seemingly disparate engineering and economic measures of technological progress. Technological progress in the microprocessor industry is driven by the repeated adoption of higher quality...
Persistent link: https://www.econbiz.de/10013123201
In this paper, we disentangle the changes that the rise of Artificial Intelligence Technologies (AITs) is inducing in the semiconductor industry. The prevailing von Neumann architecture at the core of the established “intensive” technological trajectory of chip production is currently...
Persistent link: https://www.econbiz.de/10013249642
Many studies argue that the continual creation of new ideas by small and young firms steadily destroys the competitive positions of their larger, more established rivals. Despite this attention, empirical results relating firm size to innovation remain exceedingly fragile. This paper proposes...
Persistent link: https://www.econbiz.de/10014048516
In this work, we explore the relations between sales growth and a set of innovation indicators that capture the different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation activity of Spanish manufacturing firms, reporting...
Persistent link: https://www.econbiz.de/10011420637
Understanding whether technical change is beneficial or detrimental for employment is at the center of the policy debate, especially in phases of economic recession. So far, the effects of innovation - in its manifold declinations and intrinsic complexity - on labour demand have proven to be not...
Persistent link: https://www.econbiz.de/10011444456
vehicles towards alternative technology vehicles (ATVs). Entrants play a key role in developing ATV-related patents, whereas … automotive incumbents are considered as being less motivated in pursuing this new technology. Our results indicate that entrants …
Persistent link: https://www.econbiz.de/10011620610
We consider a setting where strategic behavior of r&d firms can lead to different types of a technology lock …-in, permanent or temporary, in an eventually inferior technology. The simple setting with one incumbent and one potential entrant … socially suboptimal, since it may lead to faster development of the existing technology due to persistent threat of the …
Persistent link: https://www.econbiz.de/10011656752
Firms frequently compete across multiple segments. Such multimarket contact has been shown to deter aggressive competition, leading to what has been termed quot;mutual forbearance.quot; Empirical support for this phenomenon derives mainly from studies of the direct effects of multimarket contact...
Persistent link: https://www.econbiz.de/10012712440
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070