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Barriers to technology adoption, international R and D spillovers and growth

Foster, Neil; Scharler, Johann; Crespo-Cuaresma, Jesus - In: Economics Bulletin 15 (2008) 3, pp. 1-7

Panel data is used to investigate the extent of R and D spillovers between OECD countries, and the importance of barriers to technology adoption in affecting the benefits of such spillovers. Our results indicate that countries with less regulated goods and labour markets benefit more from...

Persistent link: https://www.econbiz.de/10005416871

Policy implications of endogenous growth models: A Note

Lingens, Joerg - In: Economics Bulletin 15 (2005) 13, pp. 1-7

In this note we analyse the effect of an increase in the amount of resources devoted to research within a general R&D growth model. We show that the initial effect of this increase is independent of whether the spill-over in R&D is linear or not. Even after two decades along a transitional...

Persistent link: https://www.econbiz.de/10005416929

Strategic patents and asymmetric litigation costs as entry deterrence instruments

Robledo, Julio R. - In: Economics Bulletin 15 (2005) 2, pp. 1-9

To spur innovation, the patent protection system grants the patentee limited monopoly power to recoup his R …&D investment, although, in general, allowing the use of the public good "innovation" is socially efficient. But patents and patent …

Persistent link: https://www.econbiz.de/10005416958

Fixed Fee Licenses and Welfare Reducing Innovation: A Note

Takahashi, Shuji - In: Economics Bulletin 15 (2007) 13, pp. 1-12

that the private returns from innovation can be greater than the social returns when the number of firms in the industry is … equal to or larger than 3. This result implies that an innovation does not always improve welfare, even when it is …

Persistent link: https://www.econbiz.de/10005416972

Empirical evidence of externalities of IT capital in Japan

Nakanishi, Yasuo - In: Economics Bulletin 15 (2005) 18, pp. 1-11

We tested for the presence of IT capital externalities, based on a translog cost function framework applied to 10 Japanese manufacturing industries for the years 1974 to 1993. This framework allows us to test whether investment in IT capital in other industries reduces costs in a given industry....

Persistent link: https://www.econbiz.de/10005416996

Energy Prices and Induced Technological Progress

Kumar, Surender - In: Economics Bulletin 15 (2008) 17, pp. 1-15

This study measures energy price induced technological change using directional distance function for a panel data of 55 countries over the period 1974 to 2000. The parameter estimates of directional distance function reveal the absence of neutral exogenous innovations and the presence of biased...

Persistent link: https://www.econbiz.de/10010629200

Technological spillover and the time distribution of licenses

Ottoz, Elisabetta - In: Economics Bulletin 15 (2005) 15, pp. 1-10

The aim of this note is to study the optimal licensing of a non drastic cost reducing patented innovation, if the … holder prefers exclusive innovation exploitation, giving rise to a monopoly, non exclusive exploitation giving rise to a … early simultaneous adoption, whereas diffusion, implying asymmetric adoption, is better if the innovation implies a more …

Persistent link: https://www.econbiz.de/10010629221

Policy implications of endogenous growth models: A Note

Lingens, Joerg - In: Economics Bulletin 15 (2005) 13, pp. 1-7

Persistent link: https://www.econbiz.de/10010629238

A Note on the Persistence of Firms' Innovation Behavior: A Dynamic Random Effect Probit Model Approach

Huang, Chia-Hui - In: Economics Bulletin 15 (2008) 5, pp. 1-9

Is firms' innovation behavior persistent? Using both patent and R&D intensity as proxy variables of innovation and … dependence after controlling for the firm heterogeneity. This result indicates that there is a causal effect from past innovation … to current innovation, supporting the hypothesis of persistent innovation. …

Persistent link: https://www.econbiz.de/10010629278

Communication costs, network externalities, and long-run growth

Davis, Colin - In: Economics Bulletin 15 (2007) 5, pp. 1-9

This note examines the effect of per-period communication costs in a model of expanding product variety. It is shown that while a decrease in communication costs leads to growth in aggregate output, this growth is only transitional with the growth rate falling to zero in the long run as the...

Persistent link: https://www.econbiz.de/10010629292