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properties that can expand disruptive innovation theory, namely: 1) disruptive technology has a disproportionate growth in …
Persistent link: https://www.econbiz.de/10014031845
When commentators discuss innovation’s externalities, they often classify them into one of two categories. On the … positive externalities, or “spillovers” side, legal and economics scholars often speak of the benefits innovation confers on … other innovators. Future innovators profit from past innovation as they “stand on the shoulders of giants” to develop …
Persistent link: https://www.econbiz.de/10013226129
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose of their knowledge capital in the end. Both firms and the social planner prefer the R&D-cooperative strategy over...
Persistent link: https://www.econbiz.de/10013318740
The present paper proposes a new way of thinking regarding the relation between innovation and knowledge using a … order to be transformed in technological innovation. In the Knowledge Flow Percolation Model center, human beings are seen … importance of knowledge flows in innovation …
Persistent link: https://www.econbiz.de/10013074128
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
This paper analyzes whether firms conducting internal R&D and acquiring external high-tech equipment experience a complementarity effect. For German CIS data we conduct a complete set of indirect and direct complementarity tests refining the analysis by looking at various types of innovations...
Persistent link: https://www.econbiz.de/10010414249
Leveraging a new measure of patent citation trees (Corredoira & Banerjee, 2015), we demonstrate that research funded by the federal government is likely to spark more active technological trajectories. Our findings tie government funding to the generation of breakthrough inventions. The...
Persistent link: https://www.econbiz.de/10012955587
We examine antecedents of knowledge recombination and technological breakthroughs. Conceptualizing exploration as a combinatory search of prior new-recombination (an original technology component), we juxtapose contrasting effects of the boundary in which firms search for prior new-recombination...
Persistent link: https://www.econbiz.de/10013076766
Innovation is one of the usual suspects in defining differences in performance among firms, according to a strong and … to elaborate appropriate innovation policies. Our study explores the diversity of innovation patterns among Norwegian … firms included in the 2018 Community innovation survey (CIS2018). By applying factor analysis on a wide array of survey …
Persistent link: https://www.econbiz.de/10012695099
We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the …
Persistent link: https://www.econbiz.de/10012139072