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incentive for innovation may also be stronger under decentralized unions. Unions have a clear preference for centralization only …
Persistent link: https://www.econbiz.de/10011256278
We study a stochastic dynamic game of process innovation in which firms can initiate and terminate R&D efforts and …
Persistent link: https://www.econbiz.de/10011265234
We present a continuous-time generalization of the seminal R&D model of d’Aspremont and Jacquemin (American Economic Review, Vol. 78, No. 5) to examine the trade-off between the benefits of allowing firms to cooperate in R&D and the corresponding increased potential for product market...
Persistent link: https://www.econbiz.de/10011256291
, and that defensive disclosure served as an alternative but lesssuccessful mechanism to patenting at IBM in appropriating …
Persistent link: https://www.econbiz.de/10011257572
types of signalling equilibria are possible. Both are characterised by dispersion and Pareto-inefficiency of the price …
Persistent link: https://www.econbiz.de/10011255624
Firms signal high quality through high prices even if the market structure is highly competitive and price competition is severe. In a symmetric Bertrand oligopoly where products may differ only in their quality, production cost is increasing in quality and the quality of each firm’s product...
Persistent link: https://www.econbiz.de/10011255858
Which signals are important in gaining attention in science? For a group of 1,371 scientific articles published in 17 demography journals in the years 1990-1992 we track their influence and discern which signals are important in receiving citations. Three types of signals are examined: the...
Persistent link: https://www.econbiz.de/10011257178
effectiveness and efficiency of national and European innovation policies. Building on the literature on the knowledge production …
Persistent link: https://www.econbiz.de/10011256577
Innovation and technological change are central to the quest for regional development. In the globally … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …
Persistent link: https://www.econbiz.de/10011255948
-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …
Persistent link: https://www.econbiz.de/10011256057