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This paper extends the standard quality ladder model of innovation and quality growth by allowing for heterogeneous industries. This enables us not only to deal with the Schumpeterian hypothesis about market power and innovation, but also to analyze industry specific demand pull and technology...
Persistent link: https://www.econbiz.de/10010305037
This paper extends the standard quality ladder model of innovation and quality growth by allowing for heterogeneous industries. This enables us not only to deal with the Schumpeterian hypothesis about market power and innovation, but also to analyze industry specific demand pull and technology...
Persistent link: https://www.econbiz.de/10009151452
This paper explores the way economic cycles influence the relationship between innovation and growth. A large … whether the ups and downs of cycles, with changes in demand dynamics, alter the possibility to exploit the technological …
Persistent link: https://www.econbiz.de/10008837904
The authors examine the timing and quality of product introduction in an R&D stopping game, where they allow for horizontal and vertical differentiation in the product market. They observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change....
Persistent link: https://www.econbiz.de/10010298821
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10010300296
This paper investigates the effect of market size on innovation activities across different durable good industries in the Chinese manufacturing sector. We use a potential market size measure driven only by changes in the Chinese income distribution which is exogenous to changes in prices and...
Persistent link: https://www.econbiz.de/10010329493
The industrial society has become history, substituted by the service economy, the knowledge economy or the information …
Persistent link: https://www.econbiz.de/10010471328
The authors examine the timing and quality of product introduction in an R&D stopping game, where they allow for horizontal and vertical differentiation in the product market. They observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change....
Persistent link: https://www.econbiz.de/10003854613
We examine the timing and quality of product introduction in an R&D stopping game, where we allow for horizontal and vertical differentiation in the product market. We observe that discontinuous changes in introduction dates can occur as firms' abilities as researchers change. Further, when the...
Persistent link: https://www.econbiz.de/10003958288
The industrial society has become history, substituted by the service economy, the knowledge economy or the information …
Persistent link: https://www.econbiz.de/10009622218