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Financial constraints and innovation: Why poor countries don't catchup
Gorodnichenko, Yuriy; Schnitzer, Monika - 2010
and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …
Persistent link: https://www.econbiz.de/10010333877
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Standards, Innovation Incentives, and the Formation of Patent Pools
Schmidt, Klaus M. - 2010
Technological standards give rise to a complements problem that affects pricing and innovation incentives of technology …
Persistent link: https://www.econbiz.de/10010333897
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Knowledge spillovers and future jobs
Audretsch, David B. - In: IZA World of Labor (2015)
Globalization brings both good and bad job news. The bad news is that jobs will be outsourced from high-cost developed countries into lower-cost locations as soon as the associated economic activity becomes mechanized and predictable. The good news is that globalization creates opportunities...
Persistent link: https://www.econbiz.de/10011573609
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Do product market reforms stimulate employment, investment, and innovation?
Schiantarelli, Fabio - In: IZA World of Labor (2016)
Most OECD countries have recently introduced product market reforms with the objective of lowering barriers to entry and increasing competition in many sectors, such as telecommunications, utilities, and transport. The timing and extent of regulatory reform have varied significantly, starting in...
Persistent link: https://www.econbiz.de/10011573656
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Collusion through Joint R&D: An Empirical Assessment
Duso, Tomaso; Röller, Lars-Hendrik; Seldeslachts, Jo - 2010
This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...
Persistent link: https://www.econbiz.de/10010333781
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Innovation Contests with Entry Auction
Giebe, Thomas - 2010
We consider procurement of an innovation from heterogeneous sellers. Innovations are random but depend on unobservable … admission to an innovation contest. After the contest, an innovation is procured employing either a fixed prize or a first …
Persistent link: https://www.econbiz.de/10010334102
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On Competition and the Strategic Management of Intellectual Property in Oligopoly
Jansen, Jos - 2010
An innovative firm with private information about its indivisible process innovation chooses strategically whether to … the size of the innovation, and affects the incentives in the product market. A Cournot competitor tends to patent big … substitutability increases the incentives to patent the innovation. …
Persistent link: https://www.econbiz.de/10010334114
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Trust in management in organizations
Meagher, Kieron J.; Wait, Andrew - In: IZA World of Labor (2023)
It is not possible for a formal employment contract to detail everything an employee should do and when. Informal relationships, in particular trust, allow managers to arrange a business in a more productive way; high-trust firms are both more profitable and faster growing. For example, if they...
Persistent link: https://www.econbiz.de/10014331196
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Overconfidence and Managers' Responsibility Hoarding
Nieken, Petra; Sadrieh, Abdolkarim; Zhou, Nannan - 2011
Overconfidence is a well-established behavioral phenomenon that involves an overestimation of own capabilities. We introduce a model, in which managers and agents exert effort in a joint production, after the manager decides on the allocation of the tasks. A rational manager tends to delegate...
Persistent link: https://www.econbiz.de/10010334132
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Upgrading technology in Central and Eastern European economies
Radosevic, Slavo - In: IZA World of Labor (2017)
, skills, quality, and engineering. The challenge is how to design industrial and innovation policies so that they promote …
Persistent link: https://www.econbiz.de/10011662657