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We consider an oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers know both the prices and quality of the products offered, some know only the prices and some know neither. We show that two types of signalling...
Persistent link: https://www.econbiz.de/10005136872
, We show that, in presence of licensing, the incentive for innovation may also be stronger under decentralized unions …
Persistent link: https://www.econbiz.de/10005137228
data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …'s restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a function of regio nal …
Persistent link: https://www.econbiz.de/10009201123
Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …
Persistent link: https://www.econbiz.de/10009201126
effectiveness and efficiency of national and European innovation policies. Building on the literature on the knowledge production …
Persistent link: https://www.econbiz.de/10008838638
this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … competition is important particularly for economic growth in industry sectors (manufacturing and construction), while diversity, a …
Persistent link: https://www.econbiz.de/10005137071
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costs in the endogenous growth model of expanding product varieties. This contrasts with the existing literature, which ignores maintenance costs and uses the model of quality improvements to describe...
Persistent link: https://www.econbiz.de/10005137353
structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …Innovation and technological change are central to the quest for regional development. In the globally …
Persistent link: https://www.econbiz.de/10005450786
For refuse collection, we estimate the cost effects of different institutional modes using panel data for almost all Dutch municipalities between 1998 and 2010. The modes we consider are private contracts, intermunicipal cooperation, public provision and own collection. For private companies,...
Persistent link: https://www.econbiz.de/10009367439
This paper extends Hotelling's model of price competition with quadratic transportation costs from a line to graphs. I … of graph models of price competition is that spatial discontinuities in firm-level demand may occur. I show that the …
Persistent link: https://www.econbiz.de/10008764969