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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - C.E.P.R. Discussion Papers - 2011
We develop a theory of innovation for entry and sale into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Preemptive acquisitions by incumbents are shown to stimulate the...
Persistent link: https://www.econbiz.de/10008865973
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The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists
Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2006
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
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The new empirical economics of management
Bloom, Nicholas; Lemos, Renata; Sadun, Raffaella; Scur, … - C.E.P.R. Discussion Papers - 2014
Over the last decade the World Management Survey (WMS) has collected firm-level management practices data across multiple sectors and countries. We developed the survey to try to explain the large and persistent TFP differences across firms and countries. This review paper discusses what has...
Persistent link: https://www.econbiz.de/10011084245
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The Organization of New Service Development in the USA and UK
Tidd, Joe; Hull, Frank - Science and Technology Policy Research (SPRU), School … - 2002
We understand a great deal about the organization and management of new product development in the manufacturing sector, but we know relatively little about how applicable this research and practice is to the service sector. In this paper we introduce and test a framework for managing new...
Persistent link: https://www.econbiz.de/10005766963
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The Role of Multi-Level Regulation in the Transition towards Cleaner Production and a Circular Economy in China: The Case of Bao'an District, Shenzhen Under the 11th Five Year Plan
Ely, Adrian; Ping, Li; Kemenes, Fruzsina; Pusheng, Wang - Science and Technology Policy Research (SPRU), School … - 2011
Persistent link: https://www.econbiz.de/10010612087
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Routines and representations at work - observing the architecture of conceptual design
Hales, Mike; Tidd, Joe - Science and Technology Policy Research (SPRU), School … - 2007
Persistent link: https://www.econbiz.de/10005588773
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Fiscal Policy, Labour Unions and Monetary Institutions: Their Long Run Impact on Unemployment, Inflation and Welfare
Cukierman, Alex; Dalmazzo, Alberto - C.E.P.R. Discussion Papers - 2007
OBJECTIVES AND MOTIVATION: This paper considers the impact of interactions between fiscal policy and monetary institutions in the presence of unionized labour markets on economic outcomes and welfare in the long run. Two main classes of questions are investigated. First, what is the impact of...
Persistent link: https://www.econbiz.de/10005124139
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Fiscal-Monetary Policy Interactions in the Presence of Unionized Labour Markets
Cukierman, Alex; Dalmazzo, Alberto - C.E.P.R. Discussion Papers - 2005
market institutions and monetary policy-making institutions on economic performance in the presence of strategic interactions …
Persistent link: https://www.econbiz.de/10005124224
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Herding cats? Management and university performance
McCormack, John; Propper, Carol; Smith, Sarah L. - C.E.P.R. Discussion Papers - 2013
Using a tried and tested measure of management practices which has been shown to predict firm performance, we survey … incentives for staff recruitment, retention and promotion, are correlated with both teaching and research performance conditional … on resources and past performance. Moreover, this relationship holds for all universities, not just research …
Persistent link: https://www.econbiz.de/10011084536
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Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies
Hemous, David - C.E.P.R. Discussion Papers - 2013
This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...
Persistent link: https://www.econbiz.de/10011084402