This paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product … innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the … signaling model, the firm therefore times its innovation to communicate its private information about the marginal cost of delay …

I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in … the U.S. An interim of lighter regulation provides an experiment to test the regulatory regime''s impact on innovation …. The econometric model comprises an arrival process (for service innovation) followed by a duration process (for regulatory …

The effects that regulation has on the innovation and the introduction of new telecommunications services have not been … (RoRR) and under alternative regulation. The econometric model comprises an count process (for innovation) followed by a …

capitalistic economy. These cycles, inherent to the rise of innovation, are an unavoidable consequence of the way in which markets … played by finance in fostering innovation, in defining bank credit as the monetary complement of innovation. Nevertheless, we … feel that the connection between innovation and firm financing has seldom been examined from a theoretical standpoint, not …