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Persistent link: https://www.econbiz.de/10005537689
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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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
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
three different scenarios. The supply side, on the other hand, is heterogenous and contains two types of adaptive (learning … the learning strategy is highly sensitive with respect to the dynamics of the demand side. …
Persistent link: https://www.econbiz.de/10005345746
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
Persistent link: https://www.econbiz.de/10005537678
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multiproduct firms, learning by doing,\\ economies of scale, and spillover effects. The effects are also allowed to vary over the …, we provide evidence for the multiproduct firm's character, learning and economies of scale effects. Finally, we provide …
Persistent link: https://www.econbiz.de/10005345557