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In this paper we extend the model of vertical product differentiation to also consider information disparities about the extent of quality differences. Equilibrium prices turn out to depend not only on the share of informed consumers but also on uninformed consumers beliefs about quality...
Persistent link: https://www.econbiz.de/10011600092
In this paper we attempt to provide a comprehensive understanding of the drivers of academic research and patenting in …. Our results clearly identify several drivers of academic research and patenting in India, in terms of faculty background …, faculty attitude and other parameters, from which we arrive at concrete policy lessons for patenting of academic research in …
Persistent link: https://www.econbiz.de/10003963558
the introduction of the Bayh-Dole Act in 1980 in the US. The Act allowed universities to retain patent rights over …
Persistent link: https://www.econbiz.de/10003934753
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10012142258
energy R&D expenditures. Technological innovation is measured using patent counts for specific technologies related to energy … likelihood to patent. Governmental energy R&D support has a small positive significant effect on patenting activities …. -- Innovation ; Technological Change ; Patents ; Energy-Efficiency ; Buildings ; Environmental Policy …
Persistent link: https://www.econbiz.de/10008736817
The study of innovation and technological change is an increasing field of economic enquire because innovation can be … considered a major engine of growth. This paper is concerned with the determinants of innovation and technological change …
Persistent link: https://www.econbiz.de/10011600332
theoretical predictions. Patents and subsidies increase investment in R&D and the observed amounts of investment in the patent and …
Persistent link: https://www.econbiz.de/10003900895
The paper analyzes the effects of competitive intensity on firms' incentives to invest in process innovations through an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An increase in the intensity of competition is modeled as an...
Persistent link: https://www.econbiz.de/10003892455
The paper analyzes the effects of more intense competition on firms’ incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of...
Persistent link: https://www.econbiz.de/10003892458
differentiation is endogenously determined by firms strategic investments in product innovation. Consumers seek variety and product … innovation is more skill intensive than production. Stronger import competition increases innovation incentives, and thereby the …
Persistent link: https://www.econbiz.de/10010246563