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Since the seminal works of Schumpeter (1937) and Arrow (1962), economists have recognised that the innovation process … govern the appropriability of economic returns from innovation In this paper we focus on one particular aspect of the … relationship between market structure and innovation, that is the effect of regulation on the incentives to innovate of a regulated …
Persistent link: https://www.econbiz.de/10011608314
levels and that higher innovation intensity and greater openness go in tandem with higher MFP. We also find that the impact …
Persistent link: https://www.econbiz.de/10011657128
Three main policy responses to the labour market challenges posed by robotisation and automation have emerged in the research literature. The first is 'taxing robots' and using this revenue to introduce a basic income that could offset the negative impacts of replacing humans by robots. The...
Persistent link: https://www.econbiz.de/10012055306
patent-regime change on world-fair exhibits per capita, which we use as a proxy for non-patented innovation. We interpret … generation of innovation. …
Persistent link: https://www.econbiz.de/10012099224
This paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product … innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the … signaling model, the firm therefore times its innovation to communicate its private information about the marginal cost of delay …
Persistent link: https://www.econbiz.de/10010266380
of product market regulation on mark-ups, firm dynamics, investment, employment, innovation productivity, and output …
Persistent link: https://www.econbiz.de/10010267501
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal …
Persistent link: https://www.econbiz.de/10010274865
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012255106
The purpose of this paper is to analyze the causes and effects of arbitrariness in the peer review process. This paper focuses on two main reasons for the arbitrariness in peer review. The first is that referees are not homogenous and display homophily in their taste and perception of innovative...
Persistent link: https://www.econbiz.de/10012387265
We investigate the impact of reporting regulation on corporate innovation. Exploiting thresholds in Europe's regulation … effect on the prevalence of innovative activity. The spillovers instead appear to concentrate innovation among a few large … corporate innovation. …
Persistent link: https://www.econbiz.de/10012655962