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Research and development (R&D) is regarded as a core factor which decides the productivity of a firm in the analysis of modern industrial economics. But the R&D behavior and the consequent effect are observed to be different depending on the firm size and industry belonging. Despite the tendency...
Persistent link: https://www.econbiz.de/10010938579
The concept of production efficiency has been studied since the 1960s, but consumption activity as well may be inefficient for various reasons, such as product complexity, lack of information, the bounded rationality of the consumer and imperfect markets, to name a few. This study proposes a...
Persistent link: https://www.econbiz.de/10005506180
Persistent link: https://www.econbiz.de/10005499480
Amidst the overall trend of convergence in information technology, device convergence is noteworthy. This study looks at the possible direction of device convergence based on consumer preferences for the main attributes of the mobile terminal of the future. Conjoint analysis and a mixed logit...
Persistent link: https://www.econbiz.de/10005470381
The technology-based start-ups have emerged as important drivers of innovative activity across many industries. For these start-ups, the initial public offering (IPO) has been used as a measure for performance and leads to an influx of capital that enables these firms to implement their ideas....
Persistent link: https://www.econbiz.de/10005471589
This empirical study examines productivity changes in Japan and South Korea during 1973–2006 and 1980–2009, respectively, in order to assess how investment in information and communications technology (ICT) affects energy demand. A dynamic factor demand model is applied to link...
Persistent link: https://www.econbiz.de/10011111906
Shadow price is one of the most important pieces of information in environmental decision making. Two different approaches—namely, economic and engineering—have been applied to obtain the shadow price of undesirable outputs, while using different methodological backgrounds and perspectives....
Persistent link: https://www.econbiz.de/10011115894
This paper contributes to empirical research of intra-industry trade, especially vertical intra-industry trade (VIIT), by two aspects. Firstly, we separate VIIT into higher-export-price VIIT and lower-export-price VIIT. Secondly, we give attention to R&D and FDI stock in explaining VIIT...
Persistent link: https://www.econbiz.de/10011208142
This paper investigates interindustry knowledge spillovers using input-output (IO) data and patent information, since spillovers can arise from different types of sources and linkages. Economic transactions of intermediate goods are used to track embodied knowledge flows with the data derived...
Persistent link: https://www.econbiz.de/10010826043
This paper analyses the effect of military expenditure on economic growth. With various channels through which military expenditure may influence economic growth, much of the defense economics literature has found inconsistent results. This study is based on the national defense expense for the...
Persistent link: https://www.econbiz.de/10010902541