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between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …
Persistent link: https://www.econbiz.de/10012902478
This paper analyzes the implications of advertising for firm dynamics and economic growth through its interaction with R&D investment at the firm level. We develop a model of endogenous growth with firm heterogeneity that incorporates advertising decisions. We calibrate the model to match...
Persistent link: https://www.econbiz.de/10012893363
This study investigates the relationship between product market competition and the market value of innovation using … between competition and the value of innovation. Furthermore, we show that there is an "asymmetric" causal effect of … intensifying product market competition on the market value of innovation, using a quasi-natural experiment based on tariff …
Persistent link: https://www.econbiz.de/10012971400
This paper develops the theory of a U relation between seller concentration and R&D investment and integrates the new theory with the traditional expectation of an inverted-U relation. The paper illustrates the U relation, and the integrated U and inverted-U relations, for a single type of R&D...
Persistent link: https://www.econbiz.de/10013025842
We examine the determinants of innovation novelty ranging from new-to-firm to new-to-world innovation. Higher levels of … determinants of innovation novelty among Australian firms. Firm-specific variables such as R&D, collaboration, foreign ownership …, business focus on innovation, skills in IT and business management are associated with higher levels of innovation novelty …
Persistent link: https://www.econbiz.de/10013213495
” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law … provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …
Persistent link: https://www.econbiz.de/10013213690
innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …
Persistent link: https://www.econbiz.de/10012259861
Innovation processes consist of interactive learning mechanisms that combine different knowledge sources. Using a set … of 72 exploratory interviews with small- and medium-sized enterprises (SMEs) and regional innovation consultants, this … paper analyzes the combination of STI (science-technology -innovation) and DUI (innovation based on learning …
Persistent link: https://www.econbiz.de/10012117780
the state, creating a strategy, programmes or regulations supporting development and pro-innovation policy. This article … attempts to systematise knowledge in the field of innovation and to determine directions for increasing the innovativeness of … the economy in Poland. This study analyses strategies supporting innovation in Poland in the years 2014-2020. …
Persistent link: https://www.econbiz.de/10011873993