This paper combines the industrial organization (IO) theory and the R&D-based endogenous growth theory in a model of a successive imperfect competitive economy. The current study assumes that firms between upstream and downstream industries bargain over both the price of intermediate goods and...

This paper addresses an issue that has been largely ignored so far in the empirical literature on the role of patents in university-industry knowledge transfer: does it matter who owns the patents on university research? We observe that especially in Europe, many patents in which university...

This study investigates how the diffusion of Internet access and other advancements in IT across a broad group of institutions of higher education has affected the publishing productivity of life scientists. Several IT indicators are considered: (1) the adoption of BITNET; (2) the registration...

While search is normally modelled by economists purely in terms of decisions over making observations, this paper models it as a process in which information is gained through feedback from innovatory product launches. The information gained can then be used to decide whether to exercise real...

This paper studies how a separation of ownership and management affects a firm's incentives to transfer knowledge about technology voluntarily and without payment to a rival in a Cournot duopoly. We consider a three-stage strategic delegation game, where two technologies are available; one with...

Culture is deemed to be a crucial basis for innovation in various respects. The aim of this paper is to explore the relationships between different cultural dimensions introduced by G. Hofstede (2001, Culture's consequences: Comparing values, behaviors, insititutions, and organizations across...

In the growing literature on offshoring, little attention has been given to the impact on product innovation. In this paper we empirically investigate the connection between industry innovation and offshoring in manufacturing. Specifically, our focus is on how information flows to the US economy...

As firms have come under increasing competitive pressure to acquire and make effective use of knowledge that has been generated beyond their own boundaries, they are making increasing use of external recruitment of experienced scientists and engineers (SEs) who bring with them skills and...

This paper develops an integrated model of neoclassical and endogenous growth, which accounts for both income inequalities across countries and the convergence hypothesis, while all the growth stylized facts are satisfied. The model in this paper assumes that an economy industrializes in two...

The aim of this paper is to measure the extent to which lower wages in R&D functions reflect a preference effect. In contrast to the bulk of the literature on compensating wage differentials that compares wage levels of jobs with different attributes, we constructed measures of willingness to...