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of technological competitiveness (based on innovation in products and markets) or cost competitiveness (relying on … innovation in processes and machinery) and their impact on economic performances. We propose models for the determinants of … classes that group manufacturing and services industries with distinct patterns of innovation. Tests are carried out by …
Persistent link: https://www.econbiz.de/10012056173
such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10014023784
We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation … strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that … generates strategic innovation decisions, where multi-product firms improve their products via own-innovation and enter new …
Persistent link: https://www.econbiz.de/10015163046
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10011317468
discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …
Persistent link: https://www.econbiz.de/10011730583
The present paper takes a geometric approach to characterize the competitive forces behind innovation and dynamic …
Persistent link: https://www.econbiz.de/10013038281
We document a series of new facts about the very first firms and patents that form new edges in the directed citation networks across patent categories. We call them pathfinder firms and patents. First, the typical pathfinder firms are very larger firms. Second, the average pathfinder patents...
Persistent link: https://www.econbiz.de/10013238872
This chapter discusses different approaches pursued to explore three broad questions related to technology diffusion: what general patterns characterize the diffusion of technologies, and how have they changed over time?; what are the key drivers of technology?; and what are the macroeconomic...
Persistent link: https://www.econbiz.de/10014025595
of physical capital accumulation, human capital accumulation and innovation drives the rise in China's aggregate income … capital accumulation, and in the final stage innovation is added to the mix. Model calibrations indicate that the growth model …
Persistent link: https://www.econbiz.de/10013104873
This paper analyzes the implications of advertising for firm dynamics and economic growth through its interaction with R&D investment at the firm level. We develop a model of endogenous growth with firm heterogeneity that incorporates advertising decisions. We calibrate the model to match...
Persistent link: https://www.econbiz.de/10012893363