prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital … institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with … necessary to take advantage of new technologies. Accordingly, increased uncertainty during times of rapid technological change …

when there are many different sources of uncertainty. In industries with stringent safety requirement, regulatory … interventions that ensure safety while maintaining incentives for innovation can be particularly elusive. We use the extreme case of … metal additive manufacturing (an emerging technology with many sources of process uncertainty) in commercial aviation (an …

, technological uncertainty has a non-monotonic impact on the optimal investment decision. In fact, uncertainty regarding the … or a laggard strategy increases as the rate of innovation increases, while high price uncertainty mitigates this effect …We determine the optimal timing for replacement of an emerging technology facing uncertainty in both the output price …

adoption, when investments are undertaken under uncertainty. In our setting, risk-neutral firms affect the variance and the … correlation of the shocks they are exposed to through their technological choice, making uncertainty endogenous. We find that … uncertainty associated with a given technology always impacts expected profits under a carbon tax, while under a cap and trade …

A strong innovation performance based on R&D, product development and the implementation of advanced production … offshoring on R&D and innovation activities of the firm in the home country. The analysis is based on a dataset of more than 3000 … manufacturing firms from seven European countries. We employ propensity score matching to compare R&D and innovation activities of …

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 …

increase of GDP and an equilibrium of the balance of payment. The model of innovation and investment pulled growth illustrated …, investment, innovation, industrial structure, industrial policies, macroeconomic policies … in the paper, indicates that a greater immaterial investment in R&D, education and project design and planning leads to …

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 …

increases the probability they will engage in R&D. -- banks ; financial development ; innovation ; R&D ; investment … set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors …