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) competitive commercialization and the eventual replacement of incumbents, we consider a dynamic strategy involving product market … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively … entry before switching to a cooperative commercialization strategy. Empirical evidence from the automated speech recognition …
Persistent link: https://www.econbiz.de/10013034526
Does economic development depend on geographic endowments like temperate instead of tropical location, the ecological conditions shaping diseases, or an environment good for grains or certain cash crops? Or do these endowments of tropics, germs, and crops affect economic development only through...
Persistent link: https://www.econbiz.de/10013313760
We study how the strength of property rights to individual extractive firms affects a regulator's choice over exploitation rates for a natural resource. The regulator is modeled as an intermediary between current and future resource harvesters, rather than between producers and consumers, as in...
Persistent link: https://www.econbiz.de/10013030066
One of the surprising features of modern economic growth is that economies with abundant natural resources have tended to grow less rapidly than natural-resource-scarce economies. In this paper we show that economies with a high ratio of natural resource exports to GDP in 1971 (the base year)...
Persistent link: https://www.econbiz.de/10013235583
substantial reversal to state intervention if nowadays the world was hit by a shock of the size of the Great Depression …
Persistent link: https://www.econbiz.de/10012765566
institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and …
Persistent link: https://www.econbiz.de/10013236680
World trade in services has recently been a little under $US2 trillion, about a quarter of world trade in goods. That … ratio does not appear to have changed much in the last 50 years. For the US, exports of services have recently been over 40 … services are now increasing more rapidly than exports, but not faster than goods imports.Because measures of service trade are …
Persistent link: https://www.econbiz.de/10012761404
Two central topics in recent rounds of international trade negotiations have been environmental concerns, and services … trade. While each is undoubtedly important, they are unrelated. In this paper I show that the services-environment link is … small, for two reasons. First, services account for only a small fraction of overall pollution. For none of five major air …
Persistent link: https://www.econbiz.de/10013071207
The relative price of services rises with development. A standard interpretation of this fact is that productivity … differences across countries are larger in manufacturing than in services. The service sector comprises heterogeneous categories … negative income elasticity of relative prices, whereas the relative price of aggregate services is mostly driven by large …
Persistent link: https://www.econbiz.de/10012944629
A new interest in the role of services in world transactions has been generated by the current efforts of the U. S …. Government to reduce barriers to international trade in services.The paper distinguishes four different classifications of … economic activities between services and corrmodities. Service industries -- those producing non-storable outputs -- have been …
Persistent link: https://www.econbiz.de/10013249709