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We analyze the effect of human capital obsolescence due to the introduction of technological innovations on the long-run growth rate, and show that in equilibrium the pace of technical change may be faster than is socially optimal. In such cases, the existence of market imperfections, and their...
Persistent link: https://www.econbiz.de/10014146255
with the innovation size. Market integration is an obstacle for the full adoption of the new technology and favours the …
Persistent link: https://www.econbiz.de/10014146864
Community Innovation Survey (CIS) data for 14 European countries. Our model incorporates three groups of variables which could … firm, the second group measures different innovation activities and the third group describes the internationalisation of …
Persistent link: https://www.econbiz.de/10014146983
Persistent link: https://www.econbiz.de/10015332271
-firm’s service innovation. To test our framework, we obtained 100 dyadic, time-lag responses from a tourism resort ecosystem in … Indonesia. We find that coopetition is more valuable than shared goals in improving an actor-firm’s service innovation …, coopetition, and interfirm power in promoting service innovation. Overall, this study advances the extended resource-based view by …
Persistent link: https://www.econbiz.de/10014082926
I consider three questions about innovation in current accounting scholarship. First, what is “innovation” and how do … we know that the level of innovation in accounting scholarship is low? Second, if innovation in accounting scholarship is … low, how did this state of affairs come to exist? Third, if accounting scholarship is low on innovation, can we actually …
Persistent link: https://www.econbiz.de/10013102139
the Fed in its efforts at payment system innovation. Intervention, when it employs barriers to competition in the interest …. Conversely, removing barriers to competition promotes efficient innovation but may also require some retreat from the goal of …
Persistent link: https://www.econbiz.de/10013102379
constant relative risk aversion preferences, there are negative externalities in innovation, and there are three kinds of …
Persistent link: https://www.econbiz.de/10013102492
We study a broad sample of firms across 32 countries and find that strong shareholder protections and better access to stock market financing lead to substantially higher long-run rates of R&D investment, particularly in small firms, but are unimportant for fixed capital investment. Credit...
Persistent link: https://www.econbiz.de/10013104545
The objective of this paper is to discuss the impact of social media on customer co-creation in the innovation process …
Persistent link: https://www.econbiz.de/10014174724