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, consumption, physical and environmental investment, trading of emissions rights (quantity and price). The results show that … negatively affected by its presence as predicted by the theory (e.g. Clarke and Reed 1994; Tsur and Zemel 1996; and Bosello and …
Persistent link: https://www.econbiz.de/10014124481
which technology transfer occurs. This presence could be in the form of foreign direct investment (FDI), licensing, or …
Persistent link: https://www.econbiz.de/10009719362
which technology transfer occurs. This presence could be in the form of foreign direct investment (FDI), licensing, or …
Persistent link: https://www.econbiz.de/10013098147
government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …
Persistent link: https://www.econbiz.de/10011771604
We develop a general equilibrium model with heterogeneous firms à la Melitz (2003), where both the government and firms can invest into R&D to improve the country’s technological potential. A higher technological potential raises the average productivity of firms, thus implying lower consumer...
Persistent link: https://www.econbiz.de/10010357830
This paper shows that political capital is an important determinant of corporate investment and innovation. Using … capital investment and R&D spending. Surprise losses of political capital result in negative announcement returns, reduced …
Persistent link: https://www.econbiz.de/10012933947
Persistent link: https://www.econbiz.de/10009541699
hybrid tax credit scheme positively relates to innovation output. The business sector R&D investment are higher in the … investments in innovation. The implementation of R&D tax credit schemes, however, varies across countries. The empirical research …, to explore the relationship between a set of R&D tax scheme features and innovation performance. Our estimation results …
Persistent link: https://www.econbiz.de/10013179659
Patent race models assume that an innovator wins the only patent covering a product. But when technologies are complex … patent standards are low, firms build "thickets" of patents, especially incumbent firms in mature industries. When they … other hand, when lead time advantages are significant and patent standards are high, firms pursue strategies of "mutual non …
Persistent link: https://www.econbiz.de/10014110256
subsidies are then studied as a means to correct for possible under-investment of capital. We study the effect of a patent box … externalities, a bonus pay incentive was found to obtain the social first-best while a patent box or a subsidy to capital investment …A temporary change in pay to employed inventors around the time of patent application has been observed in a number of …
Persistent link: https://www.econbiz.de/10011981916