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the way economists theorize about and analyze a number of topics central to the discipline. One is the theory of the firm … in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and …
Persistent link: https://www.econbiz.de/10014025173
environmental change, in this second article about the deep origins of innovation we focus on the transfer of novelty by cultural …. This working paper is the second of three papers into the Deep Origin of Innovation. It is based on the case study … ’Discovery of Innovation, Historic (R)evolutions in Perpective.’ …
Persistent link: https://www.econbiz.de/10013225102
the evolution of technological systems and waves of innovation. By use of computational statistics, logistic growth … model of innovation cycles are addressed in the paper as well. Key words: Schumpeterian perspectives, Innovation cycles …
Persistent link: https://www.econbiz.de/10014173985
produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … innovation to improve the performance of these technologies. We employ an IAM (WITCH) which has a fairly rich description of the …
Persistent link: https://www.econbiz.de/10011622101
, innovation. Using a Schumpeterian growth model in which firms' dynamic R&D and financing choices are endogenously determined, we … demonstrate that this second effect always dominates, so that debt fosters innovation and growth at the aggregate level. Our paper …-industry variation in leverage and innovation …
Persistent link: https://www.econbiz.de/10012179627
We show that, in a model without commitment to future policies, geoengineering breakthroughs can have adverse environmental and welfare effects because they change the (equilibrium) carbon taxes. In our model, energy producers emit carbon, which creates a negative environmental externality, and...
Persistent link: https://www.econbiz.de/10011820231
-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable …
Persistent link: https://www.econbiz.de/10014369562
This article tests the effects of fuel economy and greenhouse gas emission standards on the direction of innovation, in … for the years 2000-2016. Our results indicate that standards are a very robust driver inducing clean innovation, whereas … negatively impact dirty innovation. …
Persistent link: https://www.econbiz.de/10012669013
evolutionary economists try to explain and legitimate policy interventions in local, regional or national innovation systems. The … economic policy which is able to overcome the theory-immanent contradiction of the hitherto evolutionary view on this subject. …
Persistent link: https://www.econbiz.de/10011403857
productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … find that not only is wage-induced innovation significant and quantitatively important, but also that it substantially … is predominantly driven by wage-induced innovation along with massive injection of heavily subsidized physical inputs in …
Persistent link: https://www.econbiz.de/10012179650