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complementary process of capital accumulation, innovation and learning. This economic evolution primarily takes place within the … (local) firm-specific level. Hayek stressed competition as a method to discover procedures in order to solve economic … problems (competition as a discovery procedure). The ability to discover new superior solutions to solve economic problems is …
Persistent link: https://www.econbiz.de/10014052875
Persistent link: https://www.econbiz.de/10012436546
This paper examines the link between imported technologies and a country's export performance, as measured by product quality. The analysis is set in the background of the process of regional integration between the European Union (EU) and its neighbouring developing countries. The underlying...
Persistent link: https://www.econbiz.de/10014067994
Department for Human Capital and Innovation. It was completed in June 2014 and accepted as a doctoral thesis by the Department of …
Persistent link: https://www.econbiz.de/10011742893
This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions we suggest lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent...
Persistent link: https://www.econbiz.de/10014202520
Political competition between European countries has often been viewed as being a stimulus to the innovation process … countries to study the role of political competition in economic growth. The governments of each country are threatened … politically by innovation and hence face a trade-off between the stability of their regime and keeping up with their rivals. The …
Persistent link: https://www.econbiz.de/10014109173
The Internet has significantly reduced the marginal cost of producing and distributing digital information goods. It also coincides with the emergence of new competitive strategies such as large scale bundling. In this paper, we show that bunding can create "economies of aggregation" for...
Persistent link: https://www.econbiz.de/10014038407
Persistent link: https://www.econbiz.de/10012798903
This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial … irrelevant. We posit the need to look at competition anew. Static models of monopoly firms and markets in equilibrium are often … growth and diversification of many digital firms lead to a situation of broad-spectrum competition that cuts across markets …
Persistent link: https://www.econbiz.de/10013238612
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis … competition policy approaches toward intellectual property licensing arrangements in the US, Canada and the EU. Part 3 elaborates … the foundational insights that have motivated competition policy interventions with respect to 'newer' issues such as anti …
Persistent link: https://www.econbiz.de/10011723874