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Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011

We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is …

Persistent link: https://www.econbiz.de/10008865973

How and Why Does Knowledge Spill Over? The Case of Biotechnology

Audretsch, David B; Stephan, Paula E - C.E.P.R. Discussion Papers - 1998

This paper sheds light on the questions, Why does knowledge spill over? and How does knowledge spill over? The answer to these questions lies in the incentives confronting scientists to appropriate the expected value of their knowledge considered in the context of their path-dependent career...

Persistent link: https://www.econbiz.de/10005666782

How Broad Should the Scope of Patent Protection Be?

Klemperer, Paul - C.E.P.R. Discussion Papers - 1990

-focused patents are the socially efficient way to reward innovation, and also show when very short-lived but very broad patents are …

Persistent link: https://www.econbiz.de/10005656411

Which Immigrants Are Most Innovative and Entrepreneurial: Distinctions by Entry Visa

Hunt, Jennifer - C.E.P.R. Discussion Papers - 2010

Using the 2003 National Survey of College Graduates, I examine how immigrants perform relative to natives in activities likely to increase U.S. productivity, according to the type of visa on which they first entered the United States. Immigrants who first entered on a student/trainee visa or a...

Persistent link: https://www.econbiz.de/10008468510

Innovative Activity in Wind and Solar Technology: Empirical Evidence on Knowledge Spillovers Using Patent Data

Braun, Frauke G; Schmidt-Ehmcke, Jens; Zloczysti, Petra - C.E.P.R. Discussion Papers - 2010

sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …

Persistent link: https://www.econbiz.de/10008468596

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Douhan, Robin; Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2010

What explains the world-wide trend of pro-entrepreneurial policies? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more pro-entrepreneurial policies....

Persistent link: https://www.econbiz.de/10008530366

How Persistently do Firms Innovate?

Geroski, Paul A; Samiei, Hossein; Van Reenen, John - C.E.P.R. Discussion Papers - 1996

produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …

Persistent link: https://www.econbiz.de/10005136678

Management of Knowledge Workers

Hvide, Hans K; Kristiansen, Eirik Gaard - C.E.P.R. Discussion Papers - 2007

We study how complementarities and intellectual property rights affect the management of knowledge workers. The main results relay when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We argue that firms...

Persistent link: https://www.econbiz.de/10005497759

Technology in Growth

Keely, Louise; Quah, Danny - C.E.P.R. Discussion Papers - 1998

We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...

Persistent link: https://www.econbiz.de/10005497933

And the Winner Is--Acquired: Entrepreneurship as a Contest with Acquisition as the Prize

Henkel, Joachim; Rønde, Thomas; Wagner, Marcus - C.E.P.R. Discussion Papers - 2010

paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …

Persistent link: https://www.econbiz.de/10008784763