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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …
Persistent link: https://www.econbiz.de/10011518444
In the following paragraphs we will discuss the "mapping of innovative clusters in national innovation systems". For … Innovation Survey (which is comparable with CIS data). The Community Innovation Survey (CIS) is an initiative of the EU … innovation systems, highlight the outline conditions for innovations in Germany, focusing above all on the basis of innovations …
Persistent link: https://www.econbiz.de/10011442326
Persistent link: https://www.econbiz.de/10013447945
different innovation outcomes, using a firm-level dataset collected in the Pearl River Delta (PRD) in China. It also … innovation sales and to create new knowledge qualified for patenting. In addition to own R&D activities, they rely on sourcing … knowledge from different sets of sources to support them to carry out the last three types of innovation outcomes. -- Innovation …
Persistent link: https://www.econbiz.de/10003929480
We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...
Persistent link: https://www.econbiz.de/10011762520
Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …
Persistent link: https://www.econbiz.de/10013435165
Persistent link: https://www.econbiz.de/10010480515