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Sixty years after the establishment of the first science park at Stanford University, Science and Technology Parks (STPs) have reached a worldwide diffusion. Many papers have discussed parks’ role in promoting new technology-based firms (NTBFs) and their impacts on firms’ performances, often...
Persistent link: https://www.econbiz.de/10011258244
The paper revisits the concept of knowledge governance by drawing on the experience of building knowledge clusters in two countries; Malaysia and Brunei Darussalam. It explores the strategies by which a country may take up the governance of knowledge, in the context of avoiding the knowledge...
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Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...
Persistent link: https://www.econbiz.de/10009397195
Innovation process represents the long wave of value creation and it is the main powerful driver of future economic … of Science, Technology and Innovation and discusses the factors militating against the translation of scientific R … importance of institutional framework and knowledge pool in the process of building indigenous innovation capability for national …
Persistent link: https://www.econbiz.de/10008680983
Este trabajo trata de comprobar si la eficiencia productiva del Grupo Telefónica S.A. de España ha mejorado luego de ser privatizada. Se ha utilizado este caso por ser una empresa representativa en la industria de las telecomunicaciones globales. La evidencia empírica indica que las empresas...
Persistent link: https://www.econbiz.de/10005616741
This paper builds up an endogenous growth model à la Aghion and Howitt (1992) and Boucekkine et al (2005). We assume that R&D firms use only investment good as input, instead of final good as hypothesized in the above two models. We show that investment price will be a negative function of...
Persistent link: https://www.econbiz.de/10011109678