Showing 1 - 10 of 226
This Paper develops a framework for testing discrete complementarities in innovation policy using European data on obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality constraints. We apply our test to two types of...
Persistent link: https://www.econbiz.de/10005661425
This study investigates the effects of an R&D subsidy scheme on participating firms’ net R&D investment. Making use of a specific policy design in Belgium that explicitly distinguishes between research and development grants, we estimate direct and cross-scheme effects on research versus...
Persistent link: https://www.econbiz.de/10011084123
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10009150949
Contrary to what has been standard in the international trade literature, we argue that firms' access to international markets should not be just reduced to exogenous factors such as trade costs. Instead, we defend that market access can also be endogenous, since firms can affect international...
Persistent link: https://www.econbiz.de/10005656175
In a spatial economy where oligopolist firms compete in R&D, it is found that geography affects the innovative behaviour of firms. Notably, international differences in market size conduce to endogenous asymmetries between firms given that firms located in the country with more demand have...
Persistent link: https://www.econbiz.de/10005656193
Two central results in the strategic trade literature are that governments shall support winners and that there is a policy prisoner dilemma in international subsidy wars (i.e. countries have incentives to support local firms but they would be better off by cooperating to not intervene). We show...
Persistent link: https://www.econbiz.de/10005661762
In an oligopoly trade model where firms engage in R&D, international differences in market size allow for the emergence of endogenous asymmetries between firms. Concretely, firms located in countries with more demand become more competitive because they have strong incentives to perform R&D...
Persistent link: https://www.econbiz.de/10005788976
This paper investigates whether patent fee policies are a potential factor underlying the boom in patent applications … observed in major patent offices. We provide the first panel-based evidence suggesting that fees affect the demand for patents … in three major patent offices (EPO, USPTO and JPO), with a price elasticity of about -0.4 (similar to that of the …
Persistent link: https://www.econbiz.de/10005504601
This paper analyzes the role of patent filing fees requested by the member states of the European Patent Convention …
Persistent link: https://www.econbiz.de/10005504614