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Persistent link: https://www.econbiz.de/10010492006
, technological opportunity and appropriability, in determining R&D investments. However, R&D has always been considered as a whole … appropriability have a higher effect on development, while technological opportunity is more influential for research. Differences are … opportunity and appropriability, and to several robustness checks. …
Persistent link: https://www.econbiz.de/10011046493
What factors underlie industry differences in research intensity and productivity growth? We develop a multi-sector endogenous growth model allowing for industry specific parameters in the production functions for output and knowledge, and in consumer preferences. We find that industry...
Persistent link: https://www.econbiz.de/10005256487
This work aims at analysing the evolution of music industry, since the beginning of music marketed as a product for the masses until the new frontiers of digital music. Our goal is to identify which factors played a key role in the evolution of the demand in the last years and in the largely...
Persistent link: https://www.econbiz.de/10009320719
The new technologies of digitalization and the Internet threaten the market positions of artists and intermediaries. Artists because the technology of production of works may be readily accessible and craftsmanship may no longer be a defining characteristic of art. Intermediaries because their...
Persistent link: https://www.econbiz.de/10014023820
Technischer Fortschritt ist eine der wichtigsten Triebkräfte der wirtschaftlichen Entwicklung von Unternehmen, Wirtschaftszweigen und Volkswirtschaften. Die Auseinandersetzung mit der Natur, Determinanten und Konsequenzen dieses Phänomens steht seit einiger Zeit im Zentrum der theoretischen...
Persistent link: https://www.econbiz.de/10005620039
opportunities, (2) the appropriability conditions, meaning the ability to capture and protect the results of technical innovations …. In this context, the non-patent related means of appropriability "secrecy", "lead time", "moving downward on the learning …
Persistent link: https://www.econbiz.de/10008694016
of high-technology industries is related to differences across industries in the appropriability level facing small firms … government-subsidized R&D projects. If industries differ in their appropriability level, then private funding and subsidized … degree of appropriability and this variation helps explain why venture capital is concentrated. * The latest version of this …
Persistent link: https://www.econbiz.de/10005484539
The building blocks of our model are bounded-rational actors with specific sets of endowments: ’entrepreneurial spirit’, human capital and venture capital. The entrepreneurial behavior to found a firm is triggered by the individuals’ endowments, their social network and the evaluation of...
Persistent link: https://www.econbiz.de/10010291683
In this position paper we deal with the conception of heterogeneity as both the force and the result of evolutionary change. We ask, how this heterogeneity can be measured empirically and how we can get a measure which allows to get a broad comparable empirical account especially on several...
Persistent link: https://www.econbiz.de/10010291714