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This paper studies transaction costs changes arising from the introduction of the Internet in transactions between firms. We divide transaction costs into coordination costs and motivation costs. We classify coordination efficiencies into three categories: process improvements, marketplace...
Persistent link: https://www.econbiz.de/10014036729
been an increase in the level of information inputs and outputs associated with agricultural production. This paper …, and the rate of change in productivity. Using a martingale concept of "more information," we identify conditions under … which more information increases the incentives to invest and engage in product differentiation. A theory on how genetic …
Persistent link: https://www.econbiz.de/10005786316
The new information and communication technology, ICT, induces households to take over tasks from firms and government …
Persistent link: https://www.econbiz.de/10011514007
The new information and communication technology, ICT, induces households to take over tasks from firms and government …
Persistent link: https://www.econbiz.de/10001739533
We explore how firms grow by adding products. In contrast to most earlier work on the topic, our conceptual and empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification (horizontal differentiation). The market context is Japan's...
Persistent link: https://www.econbiz.de/10012843477
for investments in general information technology and robotics. We also document consistent patterns across measures of AI …
Persistent link: https://www.econbiz.de/10012828349
The paper presents an empirical analysis of the innovative activities of business groups in Latin America. It compares the innovativeness of group-affiliated firms (GAFs) and standalone firms (SAFs), and it investigates how country-specific institutional factors – financial, legal, and labor...
Persistent link: https://www.econbiz.de/10011260711
Models on innovation, for the most part, do not include a comprehensive and end-to-end view. Most innovation policy attention seems to be focused on the capacity to innovate and on input factors such as R&D investment, scientific institutions, human resources and capital. Such inputs frequently...
Persistent link: https://www.econbiz.de/10009295267
In an era in which accountability, cost effectiveness and impact orientation are at premium, Research and Technological Organisations are under pressure not only to improve their performance but also to be able to demonstrate this improvement. This pressure is particularly hard-felt by...
Persistent link: https://www.econbiz.de/10009295268