Showing 1 - 10 of 2,403
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...
Persistent link: https://www.econbiz.de/10011518444
innovations have been introduced in the market. This paper applies a new method to identify innovations in patent databases by … forward citations. Further, successful innovations are most positively related to patent renewal. Based on the traditional … innovations can be predicted. The developed parameters may be used to identify innovations across sectors and regions in other …
Persistent link: https://www.econbiz.de/10010502667
innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases … innovations and firms. …
Persistent link: https://www.econbiz.de/10010496891
In this paper, a theoretical model of the impact of product and process innovations on output, capacity utilization … than noninnovative firms. Innovations also change the market structure. The frequency of price and output changes is lower …
Persistent link: https://www.econbiz.de/10009542174
The article tackles the question of the ever growing importance of soft factors of production in the process of competitive advantage for contemporary enterprises. This condition has resulted of turbulent environment characterized by increasing competition, generalized uncertainty and...
Persistent link: https://www.econbiz.de/10012010874
Human development, in combination with technology, yields economic growth which, in turn, is necessary to generate further advances in human development. This paper focuses on the first channel above and finds the relationship significant. Secondly, the paper tries to investigate what affects...
Persistent link: https://www.econbiz.de/10009355741
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual-level, idiosyncratic risk implies that distinct...
Persistent link: https://www.econbiz.de/10009235154
This paper aims to contribute to frame the IP for development debate into a more extensive discussion on appropriability, within the perspective of policies shaping scientific, technological and production capabilities in the light of development theory. Through the lenses of the paradigm based...
Persistent link: https://www.econbiz.de/10003746227
What is the relationship between inequality and growth? This question has occupied and fascinated social scientists for more than a century. This article critically reviews the recent empirical and theoretical literature on the complex interplay between inequality and economic growth. Inequality...
Persistent link: https://www.econbiz.de/10012816433
innovations are needed to sustainably increase productivity, i.e. output per unit of all inputs, while maintaining environmental … quality and resources. Such innovations require enhanced investments in research and development. This study identifies … productivity growth. Innovations in the agricultural sector are key to ensure food security and achieve the right to food …
Persistent link: https://www.econbiz.de/10011399608