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Firms reduce the marginal cost of communicating technical knowledge by “formalizing” it in standards, dominant designs or other ways. But this only pays when new technology is sufficiently developed. In a simple model with endogenous communication costs, two equilibria emerge. With...
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analyzing optimal intellectual property rights (IPRs) for the imitator's catching-up. Weak IPR protection and a high imitation …
Persistent link: https://www.econbiz.de/10005766428
future innovators; and 2) a positivecompetition effect due to reducing profit-eroding imitation by competitive firms without …
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.2% less than do offline consumers. After controlling for selection, we find that using Autobytel.com reduces the price a …
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The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose … productivity. We test the model on a firm-level panel dataset based on the last three waves of the innovation survey for Norway …
Persistent link: https://www.econbiz.de/10008765939
In view of the risk of a slowdown in potential growth and the already extensive implementation of monetary and fiscal stabilisation policies following the financial crisis, the structural policies that are likely to boost growth are at the heart of economic policy debates.
Persistent link: https://www.econbiz.de/10009274759
that the productivity of skilled workers has risen relative to the unskilled, but it is not easy to explain why the … aggregate labour productivity was stagnant during the 1980s. Alternatively, I have constructed a theoretical model which assumes … that the demand for white-collar workers increases not because their productivity grows faster, but because increasing …
Persistent link: https://www.econbiz.de/10011111499
This paper uses panel data to examine the effects of foreign presence on firm level productivity in the Kenyan … that foreign firms dominated in virtually all the economic activities, including productivity performance. The analysis of … productivity determinants using a technologically profound approach produced a statistically significant role played by foreign …
Persistent link: https://www.econbiz.de/10008790218
factor productivity in a large sample of Italian firms. By splitting the full sample on the basis of the ex-ante likelihood … shocks, provided they affect all firms randomly. Both market power and total factor productivity are estimated by applying …" firms a positive transitory shock to productivity growth rates is observed immediately after the announcement of the reform …
Persistent link: https://www.econbiz.de/10011608385