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We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...
Persistent link: https://www.econbiz.de/10010330288
In this paper, a theoretical model of the impact of product and process innovations on output, capacity utilization … than noninnovative firms. Innovations also change the market structure. The frequency of price and output changes is lower …
Persistent link: https://www.econbiz.de/10010332080
. However, innovations seem to be more productive in small firms. Scale economies at the sectoral level are indicated by …
Persistent link: https://www.econbiz.de/10010332094
In many countries tax incentives are a popular means of realizing political, economic and social objectives. The main motive of their application is often to achieve and accelerate the selected activities in the public interest and also stimulate development of industry, and induce growth in...
Persistent link: https://www.econbiz.de/10011551469
This paper identifies the effect of aspirations on the adoption of agricultural innovations in the context of rural … Ethiopia. While most studies on agricultural innovations have focused on identifying observable and resource … adoption of innovations are forward-looking, they are likely to be intimately linked. Aspirations are motivators that can …
Persistent link: https://www.econbiz.de/10011588701
active creation and implementation of innovations into production. As tools for overcoming the consequences of the crisis and …
Persistent link: https://www.econbiz.de/10011659884
problems is the imperfection of the production process. Innovations stimulate the improvement of the production process and … the role of innovations in overcoming global economic problems. To verify the hypothesis, the authors use analysis of … and in perspective and determine the role of innovations in overcoming these global economic problems. The offered …
Persistent link: https://www.econbiz.de/10011659893
vertical innovations and that faces a constraint with respect to total R&D spending. We find that there can exist two different …
Persistent link: https://www.econbiz.de/10011661603
innovations by wine businesses. In addition, this paper examines the sustainability of these practices in terms of business costs … reveal that adoption of the environmental innovations is relatively low and varies across wine growing properties …. Furthermore, the costs associated with the innovations tend to outweigh the benefits gained by the businesses. …
Persistent link: https://www.econbiz.de/10011986472
entrepreneurial innovations of small hotels in order to sustain growth in Ghana. Successful stories about SMEs exist but are rare. A … Service Innovations, Process Innovations, Management Innovations and Marketing Innovations were used. Responses from small …
Persistent link: https://www.econbiz.de/10012008896