Showing 1 - 10 of 88
Persistent link: https://www.econbiz.de/10005248454
I formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external returns to scale to physical capital within countries are 8 percent; that a 10 percent increase of total factor productivity of a country's neighbors raises...
Persistent link: https://www.econbiz.de/10005772058
Some natural resources—oil and minerals in particular—exert a negative and nonlinear impact on growth via their deleterious impact on institutional quality. We show this result to be very robust. The Nigerian experience provides telling confirmation of this aspect of natural resources. Waste...
Persistent link: https://www.econbiz.de/10005772190
This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers more importantly and who can limit outgoing spillovers by a more effective...
Persistent link: https://www.econbiz.de/10005772409
The present work discusses the effects of university culture and structure on university-business relations, focusing on knowledge transfer activities. It puts forward the thesis that when links between university and business are introduced into the university system as a turn-key proposition...
Persistent link: https://www.econbiz.de/10005704908
This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the … innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat … Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and …
Persistent link: https://www.econbiz.de/10005771954
This paper analyzes the choice between different innovation activities of a firm. In particular, we study the … technology acquisition decision of the firm, i.e. its technology BUY decision as part of the firm's innovation strategy. We take …
Persistent link: https://www.econbiz.de/10005704868
development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10005772070
innovation is stronger for the less diversified entrepreneurial firms, and is stronger in the absence of financing frictions in …
Persistent link: https://www.econbiz.de/10005772208
It is commonly argued that in recent years pharmaceutical companies have directed their R&D towards small improvements of existing compounds instead of more risky drastic innovations. In this paper we show that the proliferation of these small innovations is likely to be linked to the lack of...
Persistent link: https://www.econbiz.de/10005772335