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Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10012444089
Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10005045769
During the growth phase of every venture capita (VC) business cycle, it seems as though both local and national governments in various countries initiate policies aimed at establishing VC industries as part of a high-technology economic development strategy. It is remarkable how each time there...
Persistent link: https://www.econbiz.de/10012995555
innovative activity in traditional industries such as pulp and paper. -- incremental innovation, ICT investments, modernization …
Persistent link: https://www.econbiz.de/10003850304
by Tobin's q. On the one hand, by increasing job security, EPL spurs innovation effort. Yet that boost only occurs in … firms with little comparative advantage at original innovation. The impact on q is therefore negligible. On the other hand …
Persistent link: https://www.econbiz.de/10011515757
This paper looks at how digitalisation is transforming innovation, and the consequent need for innovation policies to … change innovation dynamics. Data have become a core input for innovation. Other changes include more opportunities for … versioning; an acceleration in innovation, more experimentation and collaboration; servitisation; and higher risk associated with …
Persistent link: https://www.econbiz.de/10011975993
impediment to corporate innovation. By contrast, without technological spillovers, innovation has the effect of stealing market … share from rivals; in that case, more common ownership reduces innovation. Empirically, the association between common … ownership and innovation inputs and outputs decreases with product market proximity and increases with technology proximity. The …
Persistent link: https://www.econbiz.de/10014512046
then use the data to consider some key issues in dynamic competition and innovation. We look at the incidence and … distribution of patent races by technology, evidence for strategic delay of innovation by incumbent firms, and evidence that patent …
Persistent link: https://www.econbiz.de/10014061822
disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …
Persistent link: https://www.econbiz.de/10014337755
When investing in research and development (R&D), institutions must decide whether to take a top-down approach … the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …
Persistent link: https://www.econbiz.de/10012517156