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member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …
Persistent link: https://www.econbiz.de/10011084334
(ICT). But why have the same technologies not similarly increased Europe's labour productivity? This paper provides a … improvement in the ICT can yield significant increases in labour productivity if - and only if - the organization is drastically …
Persistent link: https://www.econbiz.de/10005124167
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329
the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … the success of the ICT sector. The main goal of this paper is to shed light on these twin developments. We use newly … constructed data on industry-level ICT investments between 1990 and 2003 and estimate production functions for manufacturing …
Persistent link: https://www.econbiz.de/10005124405
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
Licensing in a patent thicket allows firms to either avoid or resolve hold-up. Firms’ R&D incentives depend on whether they license ex ante or ex post. We develop a model of a patent portfolio race, which allows for endogenous R&D efforts, to study firms’ choice between ex ante and ex post...
Persistent link: https://www.econbiz.de/10005661516
The paper defines, implements and compares two empirical tests of relevant markets. While the traditional SSNIP test compares an initial industry equilibrium to an out-of-equilibrium situation, the FERM test, our contribution, compares the same initial equilibrium to an other equilibrium...
Persistent link: https://www.econbiz.de/10005662392
Software security is a major concern for vendors, consumers, and regulators since attackers that exploit vulnerabilities can cause substantial damages. When vulnerabilities are discovered after the software has been sold to consumers, the firms face a dilemma. A policy of disclosing...
Persistent link: https://www.econbiz.de/10005124065
The deregulation of the telecommunications industry has resulted in a variety of industry structures which have been created in the hope of increasing competition. One example is the licensing of cellular telephone services in the United States. In the face of scarce radio spectrum, the Federal...
Persistent link: https://www.econbiz.de/10005504383
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and liberalization in the telecommunications sector....
Persistent link: https://www.econbiz.de/10005504478