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product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …, that patent protection can complement competition in inducing innovation …
Persistent link: https://www.econbiz.de/10013064451
make the situation worse, an impact assessment analysis should accompany every law and every regulation of every Ministry …
Persistent link: https://www.econbiz.de/10014221615
choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …
Persistent link: https://www.econbiz.de/10013034169
basis of their calibration by the OECD product and labour market anti-competitive regulation indicators suggests that nearly …
Persistent link: https://www.econbiz.de/10013046151
We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity … similar goods. The balance of adoption and innovation determines the shape of the distribution; innovation stretches the … of innovators. While innovation drives long-run growth, changes in the adoption environment can influence growth by …
Persistent link: https://www.econbiz.de/10012964404
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …
Persistent link: https://www.econbiz.de/10012911090
Statistical agencies typically impute inflation for disappearing products based on surviving products, which may result in overstated inflation and understated growth. Using U.S. Census data, we apply two ways of assessing the magnitude of “missing growth” for private nonfarm businesses from...
Persistent link: https://www.econbiz.de/10012943196
are sufficiently complementary to inelastically supplied genius, innovation augmenting either of the first two factors can …
Persistent link: https://www.econbiz.de/10012891781
on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper …. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and … misallocation in the innovation area: while state-owned firms receive more subsidies, private firms exhibit more innovation results …
Persistent link: https://www.econbiz.de/10012978531
of innovation, our results suggest that innovation in the tech sector has been more rapid than the rate that would be … of innovation in high-tech sectors has been more rapid than indicated by official statistics, then it is perhaps even …
Persistent link: https://www.econbiz.de/10012957301