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This study identifies the effect of technology shocks on aggregate output using confirmatory factor analysis employed by Griliches, Hall and Pakes (1991). The analysis is based on the assumptions that there are two distinct shocks in an economy, demand and technology shocks, and that the patent...
Persistent link: https://www.econbiz.de/10005513504
Considerable evidence exists of high returns to public and private investment in commodity research and development programs. This study investigates the potential returns to product research, development, and marketing in a dynamic commodity-market model. Theoretical hypotheses derived from the...
Persistent link: https://www.econbiz.de/10005513866
This paper studies firms’ incentives to invest in environmental R&D under different market structures (Cournot and Bertrand) and environmental policy instruments (emission standards, taxes, tradeable permits and auctioned permits). Because of market strategic effects, R&D incentives vary...
Persistent link: https://www.econbiz.de/10005515209
A survey analysis of innovation information and input sourcing of New South Wales regional exporting firms indicates … source of new knowledge for innovation activity. This is in contrast to the main body of economic literature, which argues …
Persistent link: https://www.econbiz.de/10005515424
In this paper we consider the effect of union structure on the adoption of innovation in the context of Cournot duopoly …, equivalently, for sufficiently drastic potential innovation) the new technology is more likely to be adopted in the presence of a …
Persistent link: https://www.econbiz.de/10005515891
In this paper the link between labour market flexibility and innovation is analysed, paying particular attention to the … innovation, and job turnover and wages which represent labour market indicators. The results show that higher job turnover only …
Persistent link: https://www.econbiz.de/10005518189
In the literature of patent licensing, most of the studies are done where new technology is transferred from a cost-efficient firm (patentee) to a less efficient firm (licensee). However, R&D intensive firms are usually based in high wage countries whereas the cost-efficient firms are based in...
Persistent link: https://www.econbiz.de/10005518274
In endogenous growth models with innovation and capital accumulation, Arnold (1998) and Blackburn, Hung and Pozzolo … (2000) show that long-run growth of per capita income is independent of innovation activities; it is solely determined by … paper develops an endogenous growth model with innovation and (physical and human) capital accumulation to show that long …
Persistent link: https://www.econbiz.de/10005518296
that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation. …
Persistent link: https://www.econbiz.de/10005518450
technological development and innovation. This enables us to specify conditions for a 'break-out' or a 'deadlock' between competing … and innovation policies will be specified. …
Persistent link: https://www.econbiz.de/10005518517