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Carbon taxes, path dependency and directed technical change: Evidence from the auto industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hemous, David; … - 2012
innovation distinguishing between dirty (internal combustion engine) and clean (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10010294270
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Carbon taxes, path dependency and directed technical change : evidence from the auto industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2012
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10009687266
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Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2013
innovation distinguishing between 'dirty' (internal combustion engine) and 'clean' (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10014161819
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Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry
Aghion, Philippe; Dechezleprêtre, Antoine; Hémous, David - 2014
innovation distinguishing between “dirty" (internal combustion engine) and “clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10014163071
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Parental Education and Invention : The Finnish Enigma
Aghion, Philippe; Akcigit, Ufuk; Hyytinen, Ari; … - 2023
Why is invention strongly positively correlated with parental income not only in the US but also in Finland which displays low income inequality and high social mobility? Using data on 1.45M Finnish individuals and their parents, we find that: (i) the positive association between parental income...
Persistent link: https://www.econbiz.de/10014255610
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Innovative Originality, Profitability, and Stock Returns
Hirshleifer, David A. - 2020
We propose that innovative originality is a valuable organizational resource, and that owing to limited investor attention and skepticism of complexity, greater innovative originality may be undervalued. We find that firms' innovative originality strongly predicts higher, more persistent, and...
Persistent link: https://www.econbiz.de/10012857235
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Presentation Slides for 'Innovative Originality, Profitability, and Stock Returns'
Hirshleifer, David A. - 2018
These are the slides for the paper “Innovative Originality, Profitability, And Stock Returns.” The abstract of this paper is the following: We propose that innovative originality is a valuable organizational resource and that owing to limited investor attention and skepticism of complexity,...
Persistent link: https://www.econbiz.de/10012917506
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More Cash, Less Innovation : The Effect of the American Jobs Creation Act on Patent Value
Almeida, Heitor - 2019
, a cash windfall may lead managers to engage in riskier innovation strategy that can destroy value …
Persistent link: https://www.econbiz.de/10012902017
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The heterogeneous impact of market size on innovation : evidence from French firm-level exports
Aghion, Philippe; Bergeaud, Antonin; Lequien, Matthieu; … - 2019
Persistent link: https://www.econbiz.de/10012180674
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Exporting ideas : knowledge flows from expanding trade in goods
Aghion, Philippe; Bergeaud, Antonin; Gigout, Timothee; … - 2023
Persistent link: https://www.econbiz.de/10014436774