Showing 1 - 10 of 302
This paper analyzes the impact of Research and Development (R&D) on the productivity of China's high technology …
Persistent link: https://www.econbiz.de/10009216349
Since the mid 1900’s, economist have come to recognize the role of innovative activity in firms productivity growth …
Persistent link: https://www.econbiz.de/10008876897
Infectious diseases are among the main causes of death and disability in developing countries, and they are a major reason for the health disparity between rich and poor countries. One of the reasons for this public health tragedy is a lack of lifesaving essential medicines, which either do not...
Persistent link: https://www.econbiz.de/10011108125
This seminal paper provides global empirical evidence on catch-up processes in scientific and technical publications. Its purpose is to model the future of scientific knowledge monopoly in order to understand whether the impressive growth experienced by latecomers in the industry has been...
Persistent link: https://www.econbiz.de/10011108399
The effects of an agreement such as the Kyoto Protocol, which implicitly imposes a ceiling on the stock of pollution, have recently been studied in Hotelling models. We add pollution and a ceiling to the endogenous growth model of \cite{tsur2005scarcity} to study the effects of the ceiling on...
Persistent link: https://www.econbiz.de/10011108534
An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is negotiated and unobservable effort must be exerted to develop a product. In the absence of liability constraints, the inventor's investment incentives are increasing in his bargaining...
Persistent link: https://www.econbiz.de/10011108911
The traditional methods for the valuation of investments are based on the possibility of calculating discount cash flows. The present paper analyses the problem associated to investments on innovative products, which require an important demand of R&D. The mentioned investments present...
Persistent link: https://www.econbiz.de/10011109083
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
This paper concentrates on the significance of Research and Development (R&D) for economic growth in the developing economy of Pakistan. The paper also questioned the major macro determinants of R&D in Pakistan. The study used time series data for the period 1971- 2008. The results obtained from...
Persistent link: https://www.econbiz.de/10011110291
This paper studies whether a monopolist with private marginal cost information has incentives to make cost-reducing innovations through research and development (R&D) when its output and price are regulated according to the incentive-compatible mechanism of Baron and Myerson (1982). Under...
Persistent link: https://www.econbiz.de/10011110689