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We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …
Persistent link: https://www.econbiz.de/10011610914
explain them. We then describe a theoretical framework of endogenous markups, innovation, and competition that can potentially …
Persistent link: https://www.econbiz.de/10012104042
Innovation in agriculture differs from innovation elsewhere in the economy in several important ways. In this chapter … mean that the nature and extent of market failures in the provision of agricultural research and innovation differ from …. Informal innovation and technical discovery processes characterized agriculture from its beginnings some 10,000 years ago …
Persistent link: https://www.econbiz.de/10014025149
The present paper assesses the interactions between innovation and economic institutions within the context of the …
Persistent link: https://www.econbiz.de/10014434530
In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...
Persistent link: https://www.econbiz.de/10014383652
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