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Multivariate Adaptive Regression Spline (MARS) is a simple and powerful non-parametric technique that automatizes the selection of non-linear terms in regression models. Non-linearities and spatial effects are natural characteristics in numerous spatial hedonic pricing models. In this paper, we...
Persistent link: https://www.econbiz.de/10012146937
We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...
Persistent link: https://www.econbiz.de/10012258922
workers can share the rents of the activities of intangible workers. Thus, intangible capital generates positive externalities …
Persistent link: https://www.econbiz.de/10009426700
In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city center increases, both prices and population density diminish, for travel costs increase in terms of time and money. As...
Persistent link: https://www.econbiz.de/10011639161
Several countries and regions have introduced mandatory minimum distances of wind turbines to nearby residential areas, in order to increase public acceptance of wind power. Germany’s largest federal state Bavaria introduced such separation distances of ten times the height of new wind...
Persistent link: https://www.econbiz.de/10012215098
With the expansion of onshore wind power, countries increasingly consider the introduction of minimum distance regulations between wind turbines to nearby residential areas, to increase public acceptance. In 2014, the German federal state of Bavaria introduced a minimum distance regulation that...
Persistent link: https://www.econbiz.de/10012793225
This paper examines social agglomeration externalities. Using survey data from the German Socio-Economic Panel, I … by positive agglomeration externalities in other areas. This equilibrium hypothesis cannot be rejected. …
Persistent link: https://www.econbiz.de/10003005157
Research on processes of innovation has emphasised the role of (publicly funded) research institutions (RTOs) as well as the embeddedness of innovation procedures in a systemic context. This paper deals with the changing contribution of RTOs to innovation systems due to the emergence of a highly...
Persistent link: https://www.econbiz.de/10011433709
A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old...
Persistent link: https://www.econbiz.de/10011436456
This paper contributes to the debate on the internationalization of the R&D activity of multinational enterprises (MNEs). Specifically, we examine the following research questions: (1) What are the determinants of the MNEs’ R&D internationalization level? (2) What types of internationalization...
Persistent link: https://www.econbiz.de/10012510315