Showing 1 - 10 of 13
innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …
Persistent link: https://www.econbiz.de/10005670637
incentives and (b) innovation effects of the proposed remedy. We discuss the economic basis for the Commission's claims that … and argue that the effects on innovation are not unambiguously negative as Microsoft claim. We conclude with some general … implications of the case for anti-trust enforcement in high innovation sectors. …
Persistent link: https://www.econbiz.de/10010702087
innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …
Persistent link: https://www.econbiz.de/10010945141
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …
Persistent link: https://www.econbiz.de/10010655943
We introduce a novel empirical strategy to measure credit shocks. Theoretically, we show that credit shocks reduce the value of long term investments relative to short term ones. Under the (conservative) assumption that demand shocks affect short and long run investments similarly, credit shocks...
Persistent link: https://www.econbiz.de/10010711338
Using novel data on European firms, this paper examines the effect of business group affiliation on innovation. We find … that business groups foster the scale and novelty of corporate innovation. Group affiliation is particularly important in … industries that rely more on external finance and have a higher degree of information asymmetry. We also find that the innovation …
Persistent link: https://www.econbiz.de/10005151051
interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …
Persistent link: https://www.econbiz.de/10010759887
century? After years of inadequate investment in skills, infrastructure and innovation, there are longstanding structural …
Persistent link: https://www.econbiz.de/10010604795
When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …
Persistent link: https://www.econbiz.de/10010610737
effect which becomes more pronounced when we account for the endogeneity of innovation. This is the case for three different … count measures of innovation - a global measure of innovation and measures for labour innovations and capital innovations …
Persistent link: https://www.econbiz.de/10008476321