This paper develops an innovation model where firms choose which research paths to follow. Contrary to most of the … literature which focuses only on the level of investment in innovation, this model captures both the variety of research paths …

This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity a merger reduces innovation in both the merged entity and in non-merging competitors in an industry with high R …

This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …

Successful innovation is a precondition for economic prosperity. While various potential determinants of innovative …

can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and … implies that the rate of GDP growth remains below productivity growth (deceleration). While neither green innovation nor …

This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in … monopoly innovator, we show that reducing IP protection can increase the average innovation rate by regularly destroying … innovation rate, however, increases in the strength of IP protection for most market structures. In each case, we derive the …

This study addresses the relationship between product innovation and the demand and supply of trade credit. Theoretical … as well as empirical studies are used to derive the hypothesis of a positive link between product innovation and trade …. Basically the estimation results confirm that introducing a product innovation is positively related with demand and provision …

This paper investigates the effect of market size on innovation activities across different durable good industries in … increase in labour productivity by 6.5% and an increase in the likelihood of a successful product innovation by about 1 …

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …