Showing 1 - 10 of 177
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005181434
Economic theory tells us that abnormal industry and firm profits will not persist for any length of time. Any industry or firm making profits in excess of the normal rate of return will attract entrants and this competitive process will erode profits. A substantial amount of research however,...
Persistent link: https://www.econbiz.de/10005644916
We investigate the role of workers’ and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10008583733
It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...
Persistent link: https://www.econbiz.de/10010690377
The issue of through what processes R&D collaboration with universities affects a firms’ innovation performance remains … under-researched. In particular, university relationships have not been fully integrated in the open innovation framework …. This study explores the relationship between firms’ collaboration with universities and their capabilities for innovation …
Persistent link: https://www.econbiz.de/10005419317
with global, national, regional and local knowledge and innovation dynamics. In the text, we stress the importance to … understand the current changes of the global and their implications for knowledge generation and innovation. Treating knowledge … as a key resource for innovation shifts the focus from the innovation itself to the process of knowledge generation …
Persistent link: https://www.econbiz.de/10010741445
This paper analyzes how different innovation-strategies of incumbent firms affect the quality of their entrepreneurial … files for the period 1997-2008, three types of incumbent firms are distinguished: firms that are engaged in innovation … new firm can be linked back to the innovation strategy of the parent firm. In contrast, there is strong evidence that …
Persistent link: https://www.econbiz.de/10010742110
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
Persistent link: https://www.econbiz.de/10011118584
This paper analyses the persistency in innovation behaviour of firms. Using five waves of the Community Innovation … Transition Probability Matrix, we found evidence of (unconditional) state dependence in all types of innovation, with product …
Persistent link: https://www.econbiz.de/10011123566
cost implies that firms save money by smoothing innovation spending across the business cycle if they have available … so, we investigate possible differences in the innovation-cash flow link between high-tech firms and all exporters …, creation and exploitation innovation activities, persistent and non-persistent exporters. Applying a modified Euler model and …
Persistent link: https://www.econbiz.de/10011099542