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Distribution & Growth in an Economy with Limited Needs

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 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/10005124380

Knowledge Disclosure, Patents and Optimal Organization of Research and Development

Bhattacharya, Sudipto; Guriev, Sergei - C.E.P.R. Discussion Papers - 2004

We develop a model of two-stage cumulative research and development (R&D), in which one Research Unit (RU) with an innovative idea bargains to license her non-verifiable interim knowledge exclusively to one of two competing Development Units (DUs) via one of two alternative modes: an open sale...

Persistent link: https://www.econbiz.de/10005124391

Forbidden Fruits: The Political Economy of Science, Religion, and Growth

Bénabou, Roland; Ticchi, Davide; Vindigni, Andrea - C.E.P.R. Discussion Papers - 2015

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...

Persistent link: https://www.econbiz.de/10011262883

Innovation and Regional Growth in Mexico: 2000-2010

Rodriguez-Pose, Andres; Peralta, Villarreal; Maria, Edna - C.E.P.R. Discussion Papers - 2014

-enhancing role of innovation and innovation policy. The analysis combines innovation variables with indicators linked to the … formation of adequate social conditions for innovation (the social filter), and spillovers for 31 Mexican states and the Mexico … results stress that, although Mexican innovation policy has been relatively well targeted in order to generate greater …

Persistent link: https://www.econbiz.de/10011083786

Education and Invention

Toivanen, Otto; Väänänen, Lotta - C.E.P.R. Discussion Papers - 2011

Modern growth theory puts invention on the center stage. Inventions are created by individuals, raising the question: can we increase number of inventors? To answer this question, we study the causal effect of M.Sc. engineering education on invention, using data on U.S. patents’ Finnish...

Persistent link: https://www.econbiz.de/10009275968

Venture Capital and Knowledge Transfer

Dessí, Roberta; Yin, Nina - C.E.P.R. Discussion Papers - 2015

communicate valuable knowledge to an entrepreneur, facilitating innovation. The venture capitalist can also communicate the … transfer, and their implications for investment, innovation, and product market competition. The model also sheds light on the …

Persistent link: https://www.econbiz.de/10011168896

Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdependent World

Acemoglu, Daron; Robinson, James A; Verdier, Thierry - C.E.P.R. Discussion Papers - 2012

“cutthroat”capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …

Persistent link: https://www.econbiz.de/10011083861

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10011084260

Why are some regions more innovative than others? The role of firm size diversity

Agrawal, Ajay; Cockburn, Iain M; Galasso, Alberto; … - C.E.P.R. Discussion Papers - 2013

externalities and their impact on regional innovation. We examine MSA-level patent data during the period 1975-2000 and find that … innovation output is higher in regions where large and small firms coexist. The finding is robust to across-region as well as …

Persistent link: https://www.econbiz.de/10011084673

Market Outcomes and Dynamic Patent Buyouts

Galasso, Alberto; Mitchell, Matthew; Virag, Gabor - C.E.P.R. Discussion Papers - 2014

Patents are a useful but imperfect reward for innovation. In sectors like pharmaceuticals, where monopoly distortions … lower prices. Innovation prizes and other non-patent rewards are becoming more prevalent in government's innovation policy … therefore can generate the right innovation incentives. …

Persistent link: https://www.econbiz.de/10011083542