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Distribution and Growth in an Economy with Limited Needs
Saint-Paul, Gilles - CESifo - 2001
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
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Persistence of Profits and the Systematic Search for Knowledge - R&D and profits above the norm
Wiberg, Daniel - Centre of Excellence for Science and Innovation … - 2009
Economic theory tells us that abnormal industry and firm profits will not persist for any length of time. Any industry or firm making profits in excess of the normal rate of return will attract entrants and this competitive process will erode profits. A substantial amount of research however,...
Persistent link: https://www.econbiz.de/10005644916
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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
Daveri, Francesco; Parisi, Maria Laura - CESifo - 2010
We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10008583733
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Incentives and Creativity in Groups
Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - CESifo - 2013
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10010690377
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How can firm benefit from access to knowledge-intensive producer services?
Lööf, Hans; Nabavi, Pardis; Johansson, Börje - Centre of Excellence for Science and Innovation … - 2012
. Implementing a dynamic panel data approach on Swedish micro data, we test the separate and complementary effect of innovation and … innovators, temporary innovators and non-innovators. The results are consistent regardless of whether innovation efforts are …
Persistent link: https://www.econbiz.de/10010885284
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Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing
Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - CESifo - 2013
This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …
Persistent link: https://www.econbiz.de/10010670799
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Why did the Breed Reactor Fail? - Swedish and international nuclear development in a cold war context
Fjaestad, Maja - Centre of Excellence for Science and Innovation … - 2009
This article discusses the visions about nuclear breeder reactors, plans set out in the aftermath of World War II. This seemed like the ideal solution for future energy, and even small countries, as Sweden, launched breeder reactor programs. The breeder reactor never reached industrial...
Persistent link: https://www.econbiz.de/10004969812
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Innovation, R&D and Productivity - assessing alternative specifications of CDM-models
Johansson, Börje; Lööf, Hans - Centre of Excellence for Science and Innovation … - 2009
This paper applies a CDM-model framework to depict the successive links (correlations) between (i) innovation … expenditure, (ii) innovation output, and (iii) firm productivity. The CDM model has become popular in many countries among … scholars using data from the Community Innovation Survey (CIS). First, the study contrasts a general structural OECD version of …
Persistent link: https://www.econbiz.de/10005771058
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R&D Strategies and Entrepreneurial Spawning
Andersson, Martin; Baltzopoulos, Apostolos; Lööf, Hans - Centre of Excellence for Science and Innovation … - 2010
This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. By examining entrepreneurial ventures of ex-employees of firms with different R&D strategies three things emerge: First, firms with persistent R&D investments...
Persistent link: https://www.econbiz.de/10008552418
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Timing of Technology Adoption and Product Market Competition
Milliou, Chrysovalantou; Petrakis, Emmanuel - CESifo - 2009
This paper examines how product market competition affects firms’ timing of adopting a new technology as well as whether the market provides sufficient adoption incentives. It shows that adoption dates differ not only among symmetric firms but also among markets with Cournot and Bertrand...
Persistent link: https://www.econbiz.de/10005034642