We reassess the respective gains from R&D cooperation and competition in a Cournot duopoly where firms adopt a concave cost-reducing R&D technology. Cooperation, in the form of either a cartel or a joint venture, is always profitable for firms and, contrary to the previous literature on the same...

The last decades have witnessed a breaking down of the hitherto quasimonopoly in industrial and technological development by highly industrialized countries. Man-made changes in comparative advantage due to rapid accumulation of human capital, development of technical institutions, and public...

Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies.This paper...

At a time when the high-tech industry has increasingly demanded harmonized standards, China has signaled its intention to follow a different direction. China's recent actions seeking to set its own unique standards instead of adopting international standards shifts focus to the impact on...

The innovative performance of 1,200 representative firms in the Czech Republic, Germany, Hungary, Poland, Romania and the Slovak Republic was analyzed. The study differentiates between product innovation and three different forms of process innovations. This data was joined to the quality of...

I provide evidence about the effects of induced biased technical change as a main determinant of solar and wind energies adoption. This study presents an empirical framework based on an input demand function for electricity production. Implementing this model helps us to understand what is...

This chapter introduces some of the concepts surrounding technical entrepreneurship and is suitable for students of the computer/IT-related disciplines and engineering, especially electrical engineering

Commercializing an emerging technology that employs an immature production process can be challenging, particularly when there are many different sources of uncertainty. In industries with stringent safety requirement, regulatory interventions that ensure safety while maintaining incentives for...

Blockchain is a general-purpose technology that threatens to disrupt markets and institutions across the world. Where the internet enabled the publishing and digital transfer of information, blockchain authenticates the ownership of assets, makes them unique, traceable, and facilitates the...