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investments. -- subsidies ; innovation ; asymmetric information ; signaling …Government subsidies for R&D are intended to promote projects with high returns to society but too little private … a simple signaling model with different types of R&D projects to capture this phenomenon. In a setup where the subsidy …
Persistent link: https://www.econbiz.de/10009746782
Innovation is crucial to the U.S. economy. But many of our laws and policies are not promoting innovation. This Essay … importance of innovation. The proposals offered in this Essay aim to remedy this deficiency …
Persistent link: https://www.econbiz.de/10014156105
most innovation and technology diffusion at the lowest cost. This Article seeks to support better analyses of, and decision … making regarding, the choices of government innovation-funding mechanisms by discussing the limits of current analyses and … government innovation-funding inputs and outputs; (2) better documentation of and self-conscious decision making regarding …
Persistent link: https://www.econbiz.de/10014150354
aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such …
Persistent link: https://www.econbiz.de/10014048096
' signaling-driven investment, despite the risk of buying a bad innovation. We finally show at what point the presence of active …
Persistent link: https://www.econbiz.de/10012719493
in overlooking the squandering of government resources on tax subsidies to investors in Labour-Sponsored Venture Capital …
Persistent link: https://www.econbiz.de/10013108430
Short-time work - a wage subsidy conditional on hour reductions - has become an important tool of labor market policy in many European countries. As the scope of these policies expanded, concerns about side effects due to adverse selection increased. We develop a model of job retention policies...
Persistent link: https://www.econbiz.de/10012815443
facilitating an innovation-based transition towards a low-carbon economy. This paper conceptually explores some key challenges …
Persistent link: https://www.econbiz.de/10014200875
Persistent link: https://www.econbiz.de/10013065970
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