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incentive to accumulate knowledge. As a result, countries with large barriers experience lower income and growth. Our results … level and growth of income. …
Persistent link: https://www.econbiz.de/10005704976
This paper reviews recent studies on the links between competition, innovation and productivity growth in the long run … including: <I>i</I>) measuring welfare gains from product innovation; <I>ii</I>) competition and efficiency in e …-commerce, education, and health care; and <I>iii</I>) interactions between product- and factor-market competition ... La concurrence, l'innovation …
Persistent link: https://www.econbiz.de/10005045849
context of a general equilibrium model of innovation-led growth. In the model, innovation comes from entrant firms creating …
Persistent link: https://www.econbiz.de/10012125472
publicly available data for human, innovation, process and relational capital. The presented IC index should improve decision …
Persistent link: https://www.econbiz.de/10012924952
We analyze how the adoption of the California Consumer Protection Act (CCPA), which limits buying or selling consumer data, heterogeneously affects firms with and without previously gathered data on consumers. Exploiting a novel and hand-collected data set of 11,436 conversational-AI firms with...
Persistent link: https://www.econbiz.de/10012800460
Intellectual capital creation is theorised in this conceptual paper as a dynamic process of situated collective knowing that is capable of being leveraged into market value. The tacit, intangible and socially unconscious nature of substantive parts of this dynamic process presents some daunting...
Persistent link: https://www.econbiz.de/10014027459
: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market …This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation … structure in different markets emerges as a consequence of different investment on innovation opportunities. Main variables that …
Persistent link: https://www.econbiz.de/10005134434
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010291511
externalities in explaining variation in innovation rates across firms. More specifically, we combine micro-data and census data to … estimate the probability that a firm will introduce a goods, service or process innovation. We consider internal firm … agglomeration variables are only significant for a few specific sectors, and even then only for some types of innovation. …
Persistent link: https://www.econbiz.de/10010326041
Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...
Persistent link: https://www.econbiz.de/10012162423