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What drives business R&D intensity across OECD countries?

Falk, Martin - 2004

This paper empirically investigates the potential determinants of business-sector R&D intensity using a panel of OECD countries for the period of 1970-2002 with data measured as five-year year averages. Estimates using a system GMM estimator controlling for endogeneity show a high degree of...

Persistent link: https://www.econbiz.de/10011494648

Empirical performance of GARCH models with heavy-tailed innovations

Guo, Zi-Yi - 2017 - This version: August 2017

We introduce a new type of heavy-tailed distribution, the normal reciprocal inverse Gaussian distribution (NRIG), to the GARCH and Glosten-Jagannathan-Runkle (1993) GARCH models, and compare its empirical performance with two other popular types of heavy-tailed distribution, the Student's t...

Persistent link: https://www.econbiz.de/10011723904

R&D Policy and Schumpeterian growth : theory and evidence

Minniti, Antonio; Venturini, Francesco - 2014

using productivity and innovation data but has not directly assessed the effectiveness of R&D policy in promoting innovation …

Persistent link: https://www.econbiz.de/10011729096

Process innovation and product quality improvement in a dynamic monopoly

Lambertini, Luca; Orsini, Raimondello - 2014

We investigate the optimal R&D portfolio of a single-product monopolist investing in cost-reducing activities accompanied by efforts improving the quality of its product. There emerges that the firm's relative incentives along the two directions are conditional upon market affluency, measured by...

Persistent link: https://www.econbiz.de/10011729197

R&D for green technologies in a dynamic oligopoly : Schumpeter, arrow and inverted-U's

Feichtinger, Gustav; Lambertini, Luca; Leitmann, George; … - 2014

We extend a well known differential oligopoly game to encompass the possibility for production to generate a negative environmental externality, regulated through Pigouvian taxation and price caps. We show that, if the price cap is set so as to fix the tolerable maximum amount of emissions, the...

Persistent link: https://www.econbiz.de/10011729254

Cournot competition and "green" innovation : an inverted-U relationship

Lambertini, Luca; Poyago-Theotoky, Joanna; Tampieri, … - 2014

We examine the relationship between competition and innovation in an industry where production is polluting and R …&D aims to reduce emissions ("green" innovation). We present an n-firm oligopoly where firms compete in quantities and decide …

Persistent link: https://www.econbiz.de/10011730008

Technology and costs in international competitiveness : from countries and sectors to firms

Dosi, Giovanni; Grazzi, Marco; Moschella, Daniele - 2014

This paper examines the determinants of international competitiveness at the level of sectors and firms. First, we address the relation between cost-related and technological competition in a sample of fifteen OECD countries. Results suggest that the countries' sectoral market shares are indeed...

Persistent link: https://www.econbiz.de/10011730097

Determinants and effects of innovative activities in Vietnam : a firm-level analysis

Hien Thu Tran; Santarelli, Enrico - 2013

This paper investigates the determinants of innovative activities and the innovation-performance relationship for the … innovation. After controlling for ownership types, industry and regional fixed-effects, key findings include: (i) R&D and … innovation activities not only stimulate firms' profitability and growth of sales, but also increase their survival propensity …

Persistent link: https://www.econbiz.de/10011730617

What do firms know? What do they produce? : a new look at the relationship between patenting profiles and patterns of product diversification

Dosi, Giovanni; Grazzi, Marco; Moschella, Daniele - 2015

across bodies of innovative knowledge, proxied by the patent classes where the firm is present. Putting it more emphatically … related to the exploitation of their innovative knowledge. The scaling properties show that the number of products and …

Persistent link: https://www.econbiz.de/10011715822

Unemployment and technical innovation : a study of long waves and econom. development

Freeman, Christopher; Clark, John; Soete, Luc - 1982

Persistent link: https://www.econbiz.de/10000119808