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, and innovation” and to provide an introduction to the associated special issue. We specifically discuss how various crowd …-related phenomena and practices — for example, crowdsourcing, crowdfunding, user innovation, and peer production — relate to theories of …, and innovation: (1) the functions of sociality (sociality as extension of rationality, sociality as sensing and signaling …
Persistent link: https://www.econbiz.de/10012945789
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
We present a dynamic model in which an employee of a firm searches for business projects in a changing environment. It is costly to induce the employee who found a successful project in the past period to search for a new project. Past success can therefore result in profitreducing corporate...
Persistent link: https://www.econbiz.de/10010302621
development of the producers is a direct consequence of the association of a number of factors such as innovation and technology …
Persistent link: https://www.econbiz.de/10011979704
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
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/10013320593
The aim of this paper is to estimate the effect of research externalities across space, in generating innovation. We do … would increase the innovation of the region itself by 80-90%. Given the small size and the limited range of diffusion, we …
Persistent link: https://www.econbiz.de/10014113520
The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, the productivity of its R&D and the existence of knowledge spillovers across regional boundaries. Here we develop a … model which, emphasizing "the demand pull" as a key exogenous determinant of long-run innovation across regions, allows us …
Persistent link: https://www.econbiz.de/10014189286
Persistent link: https://www.econbiz.de/10001667578
Persistent link: https://www.econbiz.de/10001461384