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Innovation vs imitation and the evolution of productivity distributions

König, Michael; Lorenz, Jan; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2012

We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the emergence of real world empirical productivity distributions. Firms can improve productivity by engaging in in-house R&D, or alternatively, by trying to imitate other firms’...

Persistent link: https://www.econbiz.de/10011083921

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

The Macroeconomics of Knowledge Management: Internal Hold-Up versus Technological Competition

Thoenig, Mathias; Verdier, Thierry - C.E.P.R. Discussion Papers - 2004

This Paper investigates the links between the nature of contractual relationships within firms, the strength of information flows spreading between firms and the dynamics of technological competition. At the firm level, we focus on the corporate incentives to design Knowledge Management policies...

Persistent link: https://www.econbiz.de/10005498111

Factors and Effects of Trade Reorientation in Hungary

Halpern, László - C.E.P.R. Discussion Papers - 1993

The collapse of the CMEA completed the Hungarian trade reorientation during the second half of the 1980s. Panel model estimations of trade reorientation reveal that cost efficiency, export subsidy and foreign demand played important and varying roles between 1981 and 1990. During the last two...

Persistent link: https://www.econbiz.de/10005666895

The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does not explain how or why spillovers occur. The missing link...

Persistent link: https://www.econbiz.de/10005504210

To What Extent Should Less-Developed Countries Enforce Intellectual Property?

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2004

countries (LDCs). It starts by discussing the consequences of IP enforcement in LDCs for global innovation and welfare in poorer …

Persistent link: https://www.econbiz.de/10005504337

Strategic Experimentation and Disruptive Technological Change

Schivardi, Fabiano; Schneider, Martin - C.E.P.R. Discussion Papers - 2005

This paper studies the diffusion of a new technology that is brought to market while its potential is still uncertain. We consider a dynamic game in which firms improve both a new and a rival old technology while learning about the relative potential of both technologies. We use the model to...

Persistent link: https://www.econbiz.de/10005504449

How Licensing Resolves Hold-Up: Evidence from a Dynamic Panel Data Model with Unobserved Heterogeneity

Siebert, Ralph; von Graevenitz, Georg - C.E.P.R. Discussion Papers - 2006

This paper is a study of licensing in a patent thicket. In a patent thicket licensing allows firms to avoid hold-up. It will have different effects on firms' R&D incentives depending on whether firms license existing or future patents. Building on a model of a patent portfolio race, firms'...

Persistent link: https://www.econbiz.de/10005504462

Royalty Stacking in High Tech Industries: Separating Myth from Reality

Geradin, Damien; Layne-Farrar, Anna; Padilla, Atilano Jorge - C.E.P.R. Discussion Papers - 2007

A few recent contributions have claimed that in high-tech industries—where innovation is often cumulative and products … royalty stacking problem to exist: (a) innovation must be cumulative, so that the patents are complementary; (b) there must be …

Persistent link: https://www.econbiz.de/10005504558

Unions and Innovation: A Survey of the Theory and Empirical Evidence

Menezes-Filho, Naercio; Van Reenen, John - C.E.P.R. Discussion Papers - 2003

This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical … routes through which unions may have an effect on innovation, for example through their effects on relative factor prices …&D, innovation, technological diffusion and productivity growth. North American results find consistently strong and negative impacts …

Persistent link: https://www.econbiz.de/10005504563