Showing 1 - 10 of 68
This Paper analyses the link between the internal organization of firms, their individual life cycle and the whole process of macroeconomic growth. We present a Schumpeterian growth model in which firms face dynamic agency costs. These agency costs are due to the formation of vertical collusions...
Persistent link: https://www.econbiz.de/10005123542
The authors take a preliminary look at the interaction between patenting and standardization committee participation in … while patenting is predicted by participation in earlier standardization meetings, meetings participation is not predicted … by earlier patenting. The authors interpret these results as reflecting the timing of standard setting relative to …
Persistent link: https://www.econbiz.de/10005662010
patenting in complex and discrete technologies. The model captures how competition for patent portfolios and complementarity of … patents affect patenting incentives. We show that lower technological opportunities increase patenting incentives in complex … technologies while they decrease incentives in discrete technologies. Also, more competitors increase patenting incentives in …
Persistent link: https://www.econbiz.de/10005123536
of U.S. business travel to foreign countries on their patenting rates. Business travel is shown to have a significant … average, a 10% increase in business travel leads to an increase in patenting by about 0.3%. We show that the technological …
Persistent link: https://www.econbiz.de/10008468611
This Paper examines the effects of two faces of R&D (innovation and development of absorptive or learning capacity) and technology spillovers from FDI (foreign direct investment) on a firm’s productivity growth. Using firm-level panel data on Czech manufacturing firms between 1995 and 1998, I...
Persistent link: https://www.econbiz.de/10005504497
This Paper surveys the economic literature on the impact of trade unions on innovation. There are many theoretical routes through which unions may have an effect on innovation, for example through their effects on relative factor prices, profitability and their attitudes towards the introduction...
Persistent link: https://www.econbiz.de/10005504563
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
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of countries with persistently different levels of income per...
Persistent link: https://www.econbiz.de/10005497902
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
We set up a simple trade model with two countries hosting one firm each. The firms invest in cost-reducing R&D, and each government may grant R&D subsidies to the domestic firm. We show that it is optimal for a government to provide higher R&D subsidies the lower the level of trade costs, even...
Persistent link: https://www.econbiz.de/10005497968