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Information Sharing and Cumulative Innovation in Business Networks

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2003

How can we explain the success of cooperative networks of firms that share innovations, such as Silicon Valley or the Open Source community? This Paper shows that if innovations are cumulative, making an invention publicly available to a network of firms may be valuable if the firm expects to...

Persistent link: https://www.econbiz.de/10005666989

Schumpeterian Entrepreneurs Meet Engel's Law: The Impact of Inequality on Innovation-Driven Growth

Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998

technical and a pecuniary externality resulting from the innovation process may generate multiple equilibria. Redistribution may …

Persistent link: https://www.econbiz.de/10005667010

Unionization Structures and Innovation Incentives

Haucap, Justus; Wey, Christian - C.E.P.R. Discussion Papers - 2003

This Paper examines how different unionization structures affect firms' innovation incentives and industry employment …: ‘decentralization’ carries higher investment incentives than ‘coordination’. Labour market policy can spur innovation by decentralizing …

Persistent link: https://www.econbiz.de/10005667024

Complementarity in the Innovation Strategy: Internal R&D, External Technology Acquisition and Cooperation

Cassiman, Bruno; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2002

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order … to innovate successfully, the firm will combine different innovation activities. In addition to doing own research and … development, firms typically are engaged in the acquisition of knowledge on the technology market and cooperate actively in R …

Persistent link: https://www.econbiz.de/10005667033

The Berlin Stock Exchange in Imperial Germany – a Market for New Technology?

Lehmann, Sibylle; Streb, Jochen - C.E.P.R. Discussion Papers - 2015

Analysing 474 cases of firms going public in the German capital between 1892 and 1913, we show that innovative firms could rely on the Berlin stock market as a source of financing. The data also reveal that initial public offerings (IPO) of innovative firms were characterized by particularly low...

Persistent link: https://www.econbiz.de/10011266534