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This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10010311657
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/10010262477
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
We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...
Persistent link: https://www.econbiz.de/10011561206
their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
On behalf of the Federal Government of Germany, the Commission of Experts for Research and Innovation presents its …
Persistent link: https://www.econbiz.de/10013082602
On behalf of the Federal Government of Germany, the Commission of Experts for Research and Innovation presents its … and innovation in Part C are presented in a new format, which we hope will be more readily accessible for decision … 2010. The German innovation system has done fairly well in the crisis. In addition, appropriate importance has been …
Persistent link: https://www.econbiz.de/10013069278
Research and innovation are extremely important for Germany. New insights are generated by research, and new ways of … and innovation, and where the country ranks in the international innovation contest. The Federal Government of Germany … therefore decided in 2006 to establish an independent Commission of Experts on Research and Innovation (EFI), with the remit to …
Persistent link: https://www.econbiz.de/10012708751
have influenced the direction of innovation over the last four decades. Our findings suggest that the demography of …
Persistent link: https://www.econbiz.de/10012064997