Showing 1 - 10 of 32
We study the innovation and diffusion of technology at the industry level. We derive the full dynamic paths of an …
Persistent link: https://www.econbiz.de/10014091108
statutes that are more effective at preventing outsiders' entry and at mitigating price competition lead to less patenting. We … strongly restrict entry and price competition. We show that guilds that originated from medieval religious confraternities were … more likely to regulate entry and competition, and that the effect on patenting is robust to instrumenting guild statutes …
Persistent link: https://www.econbiz.de/10012941168
The usual explanation for why the producers of a given product use different technologies involves "vintage-capital": A firm understands the frontier technology, but can still prefer an older, less efficient technology in which it has made specific physical and human capital investments. This...
Persistent link: https://www.econbiz.de/10013240541
Inefficiency in the U.S. health care system has often been characterized as quot;flat of the curvequot; spending providing little or no incremental value. In this paper, we draw on macroeconomic models of diffusion and productivity to better explain the empirical patterns of outcome improvements...
Persistent link: https://www.econbiz.de/10012754821
We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012755480
innovation. Agents accumulate knowledge through two activities: innovation (discovering new technologies) and exploitation …
Persistent link: https://www.econbiz.de/10012750290
Patent data have been widely used in research on technological innovation to characterize firms' locations as well as …
Persistent link: https://www.econbiz.de/10012750343
was a direct consequence of the dominant role of conceptual innovation in the century's art, as a series of young …
Persistent link: https://www.econbiz.de/10012840704
). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …
Persistent link: https://www.econbiz.de/10012910654
by the composition and extent of aggregate demand. The direction and speed of innovation is inefficient because …
Persistent link: https://www.econbiz.de/10012919858