Showing 1 - 10 of 1,274
This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …
Persistent link: https://www.econbiz.de/10010342239
We examine how basic research should be financed. While basic research is a public good benefiting innovating entrepreneurs it also affects the entire economy: occupational choices of potential entrepreneurs, wages of workers, dividends to shareholders, and aggregate output. We show that the...
Persistent link: https://www.econbiz.de/10010342234
This paper develops an innovation model where firms choose which research paths to follow. Contrary to most of the … literature which focuses only on the level of investment in innovation, this model captures both the variety of research paths …
Persistent link: https://www.econbiz.de/10010340555
This papers analyses how horizontal mergers affect innovation activities of the merged entity and its non … predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity a merger reduces innovation in both the merged entity and in non-merging competitors in an industry with high R …
Persistent link: https://www.econbiz.de/10010341067
Successful innovation is a precondition for economic prosperity. While various potential determinants of innovative …
Persistent link: https://www.econbiz.de/10010484767
balance sheet indicators. Conditional difference-in-difference estimation confirms that the innovation policy of China s …
Persistent link: https://www.econbiz.de/10010488541
This paper analyses the influence of in-house R&D and external knowledge acquisition on the total factor productivity (TFP) of listed Chinese firms for the time period 2001-2010. We find a quantitatively important positive effect of in-house R&D. The achieved level of technological...
Persistent link: https://www.econbiz.de/10010337198
can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and … implies that the rate of GDP growth remains below productivity growth (deceleration). While neither green innovation nor …
Persistent link: https://www.econbiz.de/10010337839
This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in … monopoly innovator, we show that reducing IP protection can increase the average innovation rate by regularly destroying … innovation rate, however, increases in the strength of IP protection for most market structures. In each case, we derive the …
Persistent link: https://www.econbiz.de/10010337883
This study addresses the relationship between product innovation and the demand and supply of trade credit. Theoretical … as well as empirical studies are used to derive the hypothesis of a positive link between product innovation and trade …. Basically the estimation results confirm that introducing a product innovation is positively related with demand and provision …
Persistent link: https://www.econbiz.de/10010338387