Starting from the premise that firms are distinct in terms of their capacity to create radical product innovations, the present paper attempts to explore how firms choose between different forms of R&D cooperation and their consequences for social welfare. It studies a duopolistic market, where...

There is an emerging body of literature that examines how pro-poor innovations should be created and what business models should accompany them. However, there is little on actual implementation practises and the present paper attempts to fill this void by analyzing the findings of the...

Sanitation is at the heart of not only environmental security but also food security and health. About 42,000 people die every week due to drinking water polluted with faecal matter. The problem is most acute in India, China, many countries of Africa and a few countries of Latin America. Why is...

This paper proposes a definition of the knowledge base of an agent using only patent statistics. It then develops a model of a knowledge production function that can be estimated at the firm level and the sector level using the knowledge base matrix. It identifies the impact of own knowledge...