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failures like lock-in, unpredictability and surprise in innovation systems, and network interaction between agents have … social interactions, and on behavioral foundations of learning and innovation. …
Persistent link: https://www.econbiz.de/10010430808
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, and …
Persistent link: https://www.econbiz.de/10010434094
The objective of our paper is to study R&D investments and pricing behavior in an environment with fundamental uncertainty. We designed a multi-period experiment in which each period consisted of two stages, an R&D phase and a pricing stage. Participants in the experiment had almost no...
Persistent link: https://www.econbiz.de/10010481420
In the past decades the role of profit sharing schemes (PSS) as a way to foster innovation in a principal-agent context …, and more generally of innovation in economic growth, have been widely acknowledged and studied. However, surprisingly … innovation in a pure knowledge economy: a "patent box" incentive and a tax incentive on compensation earned by agents as PSS. A …
Persistent link: https://www.econbiz.de/10010483411
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
This contribution argues that uncertainty is integrated into the modern economic systems; however its autochthonously increasing feature is puzzling and should be addressed in a more dedicated way. Behind the curtain of increasing uncertainty, we purport to demonstrate that at least the...
Persistent link: https://www.econbiz.de/10010414861
Persistent link: https://www.econbiz.de/10010415320
Persistent link: https://www.econbiz.de/10011448002
investment or international technology spillovers. This study is a major contribution to innovation, trade, FDI and growth …
Persistent link: https://www.econbiz.de/10011452235
This paper deals with the relationship between knowledge, innovation and regional growth. The study is carried out … regression can be used for the identi...cation of spatial patterns. In this respect, we ...find a cluster of innovation …
Persistent link: https://www.econbiz.de/10011478824