Similar Search Results

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

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

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

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

The Transaction Costs Perspective on Standards as a Source of Trade and Productivity Growth

Butter, Frank A.G. den; Groot, Stefan P.T.; Lazrak, Faroek - Tinbergen Instituut - 2007

This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...

Persistent link: https://www.econbiz.de/10011256554

Subsidizing the Adoption of Energy-Saving Technologies: Analyzing the Impact of Uncertainty, Learning and Maturation

Groot, Henri L.F. de; Mulder, Peter; Soest, Daan P. van - Tinbergen Instituut - 2004

As part of the Kyoto Protocol, many countries have committed themselves tosubstantially reduce the emission of greenhouse gases within a politically imposed timeconstraint. Investment subsidies can be an important instrument to stimulate the adoption ofenergy-saving technologies to achieve...

Persistent link: https://www.econbiz.de/10011257124

Cost Reducing Investment, Competition and Industry Dynamics

Petrakis, Emmanuel; Roy, Santanu - Tinbergen Instituut - 1998

We demonstrate the possibility of shake-out of firms and emergence of inter-firmheterogeneity along the (socially optimal) dynamic equilibrium path of a competitive industry with freeentry and exit, even when there is no uncertainty and all firms are ex ante identical with perfectforesight....

Persistent link: https://www.econbiz.de/10011255543

Evaluating the Capacity of Standard Investment Appraisal Methods

Akalu, Mehari Mekonnen - Tinbergen Instituut - 2002

The survey findings indicate the existence of gap between theory and practice of capital budgeting. Standard appraisal methods have shown a wider project value discrepancy, which is beyond and above the contingency limit. In addition, the research has found the growing trend in the use of value...

Persistent link: https://www.econbiz.de/10011256495

A Monte Carlo Comparison between the Free Cash Flow and Discounted Cash Flow Approaches

Akalu, Mehari Mekonnen; Turner, Rodney - Tinbergen Instituut - 2002

One of the debates in the capital budgeting model selection is between the free cash flow and DCF methods. In this paper an attempt is made to compare SVA against NPV model based on Monte Carlo simulations. Accordingly, NPV is found less sensitive to value driver variations and has got higher...

Persistent link: https://www.econbiz.de/10011257488

High Performance in Complex Spatial Systems: A Self-Organizing Mapping Approach with Reference to The Netherlands

Kourtit, Karima; Arribas-Bel, Daniel; Nijkamp, Peter - Tinbergen Instituut - 2013

series of detailed regional facilitating and driving factors related, inter alia, to talent, innovation, skills, networks …

Persistent link: https://www.econbiz.de/10011255701

1
2
3
4
5
6
7
8
9
10
Next
Last