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ownership, and stock options - to the culture for innovation and employees' ability and willingness to engage in innovative …, we find that both shared capitalism compensation and high performance work policies contribute to these innovation … outcomes. Owning company stock is the most consistently positive compensation variable in predicting both an innovation culture …
Persistent link: https://www.econbiz.de/10012750132
Metamorphic progress (productivity growth much faster than average) is often driven by Grilichesian inventions of methods of inventing. For hybrid seed corn, the enabling invention was double-cross hybridization yielding highly productive seed corn that was not self-propagating. Biotechnology...
Persistent link: https://www.econbiz.de/10013229104
innovations that will replace current innovations imply that social benefits from innovation are not fully internalized. As a …
Persistent link: https://www.econbiz.de/10013038037
What quantitative lessons can we learn from models of endogenous technical change through innovative investments by firms for the impact of changes in the economic environment on the dynamics of aggregate productivity in the short, medium, and long run? We present a unifying model that nests a...
Persistent link: https://www.econbiz.de/10012907122
This paper considers the impact of the intellectual property (IP) system on the timing of cooperation/licensing by start-up technology entrepreneurs. If the market for technology licenses is efficient, the timing of licensing is independent of whether IP has already been granted. In contrast,...
Persistent link: https://www.econbiz.de/10012751882
This paper deals with processes that require several complementary inputs subject to improvements in quality. If after a quality upgrade one of these inputs requires a period of learning before it can be used effectively, then in general it will pay to purchase the inputs at different dates --...
Persistent link: https://www.econbiz.de/10013308327
the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …
Persistent link: https://www.econbiz.de/10012895014
China during the period 2007–12. The estimated model fits the Chinese data well. We compare the estimates with those …
Persistent link: https://www.econbiz.de/10013309719
Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports … between 1999 and 2005. On average, process innovation declines more strongly than product innovation. In addition, initially …
Persistent link: https://www.econbiz.de/10012978850
innovation by firms, and ask if it impacted firms more than 30 years later. We examine the innovation of firms with CEOs who …
Persistent link: https://www.econbiz.de/10013307823