Showing 1 - 10 of 99
We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development—innovation and imitation …—are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level. Specific …
Persistent link: https://www.econbiz.de/10008572493
intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot …
Persistent link: https://www.econbiz.de/10008572561
own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small … enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A …
Persistent link: https://www.econbiz.de/10010670798
destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP …
Persistent link: https://www.econbiz.de/10010888453
We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008), career concerns are introduced in a sequential asset market, where wages for investors are set by subjects in the role of employers. Employers can observe investment...
Persistent link: https://www.econbiz.de/10011122679
We interpret the Open Method of Coordination (OMC), recently adopted by the EU as a mode of governance in the area of social policy and other fields, as an imitative learning dynamics of the type considered in evolutionary game theory. The best-practise feature and the iterative design of the...
Persistent link: https://www.econbiz.de/10005000398
This paper investigates the choice of an intellectual protection regime for a process innovation. We set up a multi … the probability that the right is upheld by the court, the cost of imitating a patented innovation relative to the cost of … imitating a secret innovation, and the innovation size defined as the extent of the cost reduction. The choice of the protection …
Persistent link: https://www.econbiz.de/10005181619
A well-known result by Vega-Redondo (1997) implies that in symmetric Cournot oligopoly, imitation leads to the …
Persistent link: https://www.econbiz.de/10005196312
We introduce a generalized theoretical approach to study imitation models and subject themodels to rigorous … experimental testing. In our theoretical analysis we find that the differentpredictions of previous imitation models are due to … the generalized imitation model predicts the differences betweentreatments well. The data also provide support for …
Persistent link: https://www.econbiz.de/10005196313
Continued lobbying by high-end, American designers for intellectual property-type fashion design protection has culminated in the proposed Innovative Design Protection and Piracy Prevention Act, intended to introduce EU standards. Using a sequential, 2-firm, vertical differentiation framework,...
Persistent link: https://www.econbiz.de/10009645656