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We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal …
Persistent link: https://www.econbiz.de/10013067864
We analyze the impact of international R&D spillovers on recipient countries in terms of social and private returns. We divide the aggregate R&D stock by the business, government and education sectors and examine the impact on Total Factor Productivity. We endogenize the accrual of the R&D...
Persistent link: https://www.econbiz.de/10012964191
This paper analyzes the output, abatement, and investment decisions made by a monopolistic polluter under environmental liability law. The model applied considers both integrated and end-of-pipe abatement technologies. We find that in the case of fixed technology, in many instances negligence...
Persistent link: https://www.econbiz.de/10013092076
Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...
Persistent link: https://www.econbiz.de/10013018283
economic growth; hence, any better understanding of the process of technological innovation is likely to increase our knowledge …;D international spillovers. The basic questions are as follows. Do knowledge spillovers enhance energy technological innovation in … different regions of the world? Does the speed of innovation increase? Or do free-riding incentives prevail and international …
Persistent link: https://www.econbiz.de/10012751854
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10012770493
creativity and innovation. In particular, we show that variations in innovation within Prussia during the second industrial … innovation during the second industrial revolution. Religious tolerance is measured through population's religious diversity …
Persistent link: https://www.econbiz.de/10012927577
domestic welfare. We consider the potential implementation of three innovation agreements: cooperative research joint venture …
Persistent link: https://www.econbiz.de/10012928255
Empirical studies have uncovered an inverted-U relationship between product-market competition and innovation. This is … inconsistent with the original Schumpeterian Model, where greater competition reduces the profitability of innovation. We show that …
Persistent link: https://www.econbiz.de/10012919059
efficient technology even in the absence of taxation. When taxation is necessary for innovation, both types of taxes are … effective. However, the energy tax outperforms the emission tax in terms of innovation incentives …
Persistent link: https://www.econbiz.de/10012979600