process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … innovation. This notsignificant effect of product innovation contrasts with evidence of studies for other countries. However, the …

horizon and an infinite number of investment opportunities. Technological progress is exogenous and modeled either by a … poisson process or a geometric poisson process. For both processes, we characterize the optimal investment strategies. In the … case of a poisson process we show that a cyclical investment pattern, that is adopting every m-th technology is optimal. If …

By mixing concepts from both game theoretic analysis and real options theory, an investment decision in a competitive … investment actions. We review two decades of real option game models, suggesting which critical problems have been "solved" by …

produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels …, bioelectricity and personal electric vehicle batteries), taking into account the uncertainty surrounding the effectiveness of …

A new wave of innovation is beginning to disrupt industry on a global scale. It constitutes a tremendous opportunity …. Academic research and the public debate have focused mostly on the threat that innovation poses to jobs and wages. This paper …. While some jobs will be displaced, the greatest impact of innovation will come in the way that many jobs will be transformed …

The wave of digital-industrial innovation which begins to disrupt vast sectors of the global economy has fueled fear of … promote digital innovation and facilitate the adoption of skills-augmenting technologies, and strengthened private sector …