In this paper we want to demonstrate that nowadays - innovation is one of the key components of the service economy. Innovation today is not just a simple option for any service company, each and every one should use innovation to ensure revenues, profits and why not – survive on a more...

This paper examines the impact of stronger protection for intellectual property on the exports of a technologically imitative country such as India. The Indian experience in pharmaceutical exports can further add to the existing literature, which is otherwise largely limited to the experience of...

Because Hayek’s view goes beyond the Walrasian framework, his descriptive arguments on socialist planned economies are prone to be misunderstood. This paper clarifies Hayek’s arguments by using them as a basis to construct a model of total factor productivity. The model shows that...

In times of sweeping demographic changes, policy makers and business executives in mature economies perceive workforce aging as one potential threat to the capacity for innovation and technological progress. However, evidence for age-dependency in innovative performance is still scarce. Pressing...

This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...

We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la Ramsey and a negative environmental externality (pollution), in which one of the firms has adopted corporate social responsibility (CSR) in its statute, and therefore includes...

This paper studies the effects of public research (publications) and innovation output (patents) on national economic growth with the help of a GMM panel regression including 114 countries. Effects on productivity growth and capital and labor inputs are distinguished. Furthermore, different time...

While explaining cluster internal impacts on cluster development, cluster life cycle theory fails to explain the influence of cluster external factors. Based on a multiscalar approach, this study investigates factors causing change within an agritech cluster applying a qualitative approach. Main...

Patenting and licensing are introduced into the lab-equipment horizontal innovation model of endogenous growth. Patent length is not deterministic, in that patent holders' market power will collapse if and only if their patented goods get successfully imitated. The model is solved in an exact...

Bu çalışmada, Türkiye’de Gıda ve İçecek Sanayi firmaları performansı üzerinde açık inovasyonun etkileri araştırılmaktadır. Çalışmanın ilk aşamasında, İstanbul Sanayi Odası 2011 yılı raporuna göre Türkiye’de ilk ve ikinci 500 firma sıralamasında yer alan 146...