Showing 1 - 10 of 53
This paper builds a model of R&D-based growth in which the discovery of higher-quality products is governedby sequential stochastic innovation contests. Incumbent firms producing state-of-the-art-quality productsexpend resources in activities to protect their rents; challengers raise claims to...
Persistent link: https://www.econbiz.de/10009451045
In this paper we integrate Schumpeterian endogenous growth into a general equilibrium framework. By explicitely modelling the innovation and technology adoption process we are able to match some stylized economic facts such as entry rates and survival times of firms in the U.S. economy or the...
Persistent link: https://www.econbiz.de/10012530265
How much should be spent in research and development (R&D)? How should R&D vary over the business cycle? In this paper we answer both questions in the context of a calibrated dynamic general equilibrium model with Schumpeterian endogenous growth. Firstly, we demonstrate that, although the...
Persistent link: https://www.econbiz.de/10012530284
bioprospecting contracts and patenting on social welfare. The positive welfare impacts delivered by bioprospecting contracts are …
Persistent link: https://www.econbiz.de/10009445180
This study seeks to advance and test the knowledge-based theory of the firm as it applies to explaining the governance structure of R&D alliances. Unlike transaction-cost economics, the knowledge-based theory attempts to explain organizational form not primarily in terms of incentive...
Persistent link: https://www.econbiz.de/10009430026
The dissertation discusses issues in the field of industrial organization. When the government provides better infrastructure to competing firms for innovation, private firms' R&D expenditures are affected. When the government doesn't assure project completion, the uncertainty impacts private...
Persistent link: https://www.econbiz.de/10009430888
Economics
Persistent link: https://www.econbiz.de/10009431998
Economics
Persistent link: https://www.econbiz.de/10009432017
The aim of this paper is to explain Australian R&D capitalisation and voluntary disclosure. It is argued that the discretionary choices available to management in Australia with respect to the accounting for and the disclosure of R&D expenditure and activities can be explained by the reduction...
Persistent link: https://www.econbiz.de/10009437483
This study addresses the discretionary capitalization of R&D costs in Australia and Canada. We demonstrate, for both samples, that the discretionary capitalization of development costs (hereafter capitalized D) by the manager results in balance sheet and income numbers that are more highly...
Persistent link: https://www.econbiz.de/10009437521