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The paper analyses the effects of innovations, technological specialisation and technology diffusion on economic growth and convergence of the EU countries from 1969 to 1998. The empirical analysis is based on a panel data model, which enables us to assess the impacts of these three factors as...
Persistent link: https://www.econbiz.de/10005674513
Franchises are peculiar in two ways: first, the authority of franchisees is largely informal rather than formal. The efficiency of franchises is often attributed to their initiative and autonomy. Yet, in franchise contracts, franchisees agree to submit to the sometimes arbitrary will of the...
Persistent link: https://www.econbiz.de/10005783775
We explore the consequences of the utility requirement on speed of innovation and welfare. A weak utility requirement … stage innovation with free entry and trade secrecy, we identify cases when patentability is beneficial to society. Although … and innovation costs are high. However, patentability becomes less desirable as basic research costs decrease. We also …
Persistent link: https://www.econbiz.de/10005783918
We examine the impact of internal and external R&D on labor productivity in a 6-year panel of 304 innovating firms. We apply a dynamic linear panel data model that allows for decreasing returns to scale in internal and external R&D with a non-linear approximation of changes in the knowledge...
Persistent link: https://www.econbiz.de/10005783919
innovation in the world. Allowing for the possibility that countries discriminate against foreign firms in Nash equilibrium does …
Persistent link: https://www.econbiz.de/10005784019
size composition of firms changes, how innovation patterns (patents) change, as well as locational decisions of firms (NJ … observation, and that the growth advantage of small pharma firms increases after the 1980's as the process of innovation becomes … more 'guided' and scale intensive and as small firm innovation becomes more 'persistent'. Furthermore, at the end of the …
Persistent link: https://www.econbiz.de/10005784590
innovation. In particular, industries whose younger firms depend more on external finance realize faster rate of technological …
Persistent link: https://www.econbiz.de/10005784702
Persistent link: https://www.econbiz.de/10005784924
Persistent link: https://www.econbiz.de/10005784952
Rice innovations are technologies and practices extensively adopted so as to change production practices and productivity. This paper documents the changes in rice productivity, policy and institutions in the last 100 years and identifies the technological change that may have affected rice...
Persistent link: https://www.econbiz.de/10005785183