Showing 1 - 10 of 23
In this paper we study the coevolutionary dynamics of knowledge creation, diffusion and the formation of R …&D collaboration networks. Differently to previous works, knowledge is not treated as an abstract scalar variable but represented by a … portfolio of ideas that changes over time through innovations and knowledge spillovers between collaborating firms. The …
Persistent link: https://www.econbiz.de/10011282510
California law that make non-compete agreements unenforceable. Consistent with our model of innovation, mobility rates outside of …
Persistent link: https://www.econbiz.de/10010272888
Fifty years ago, Punjab embarked on its famous Green Revolution, leading the rest of India in that innovation, and … new round of agricultural innovation in Punjab. These are: complexity of the agricultural economy, complementary inputs … such as infrastructure, switching costs (including risks), balancing frontier innovation and adaptation, and the relative …
Persistent link: https://www.econbiz.de/10011406342
This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is … a measure of technology that isolates sources of innovation and their contributions to domestic TFP. Within …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …
Persistent link: https://www.econbiz.de/10010285349
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research …
Persistent link: https://www.econbiz.de/10011993818
government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …
Persistent link: https://www.econbiz.de/10012030263
This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...
Persistent link: https://www.econbiz.de/10012056815
literature, which focuses only on the level of investment in innovation, this model captures both the variety of research …
Persistent link: https://www.econbiz.de/10010316823
coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …
Persistent link: https://www.econbiz.de/10011663182
This paper assesses the role of relationship lending in explaining simultaneously the innovation activity of Small and … SME's increased propensity to introduce product innovation. We further discuss the financial and non-financial channels …
Persistent link: https://www.econbiz.de/10011739592