Starting from the failure of the R&D-patents traditional relationship, when time-series and/or within industry dimensions are included in the empirical analysis, the present work tries to contribute to the empirical literature in two directions. Firstly, it perform a Granger causality test on...

In this study, we develop a monetary Schumpeterian growth model with endogenous market structure (EMS) to explore the effects of monetary policy on the number of firms, �firm size, economic growth and social welfare. EMS leads to richer implications and different results from previous studies...

This paper provides an empirical test of Cohen and Levinthal’s (1990) hypothesis that undertaking R&D and collaborating with external networks together enhance the probability that firms engage in product and process innovation. Following Doran, Jordan and O’Leary (2013) we test this...

Much of the debate over income convergence hinges on whether technology diffusion is “global” or “local”. In this paper, I address this question in a developing country setting and focus on the role of major research clusters in promoting domestic technology diffusion. I identify four de...

The aim of this paper is to investigate the issue of R&D investment and the market value of the firm. This idea dating back from Arrow paper, later developed by Paul Romer but in the area of economic growth. Zvi Griliches (1979), first introduced the production function, which later would be...

By this paper we intend to analyze the existing gap in the efficiency of R&D investment, at European level. The method employed in this respect is Data Envelopment Analysis (DEA). The evaluation of the performance in R&D in European countries, in terms of technical efficiency (TE) thus...

Using a world multi-sectoral, multi-regional trade model, this paper has investigated the economic and environmental implications of climate control coalitions cooperating on R&D investment that triggers low cost environmentally friendly technologies. We start with the Kyoto scenario where all...

This study explores the macroeconomics effects of labor unions in a two-country model of directed technical change in which the market size of each country determines the incentives for innovation. We find that an increase in the bargaining power of a wage-oriented union leads to a decrease in...

The aim of this paper is to describe the national innovation system (NIS) in Morocco. Technological inputs (R & D, number of researchers, number of students in science and technology etc.) and the institutional organization of research are discussed. INS in the Moroccan case is characterized by...

R&D is considered to be the main source of innovation. We argue that R&D is too broad a measure, including activities differing in purposes, culture, people, management and other features. However, empirical studies have not analyzed them separately, mainly due to the lack of data. Using...