Showing 1 - 10 of 13
This article analyses the geography of innovation in China and India. Using a tailor-made panel database for regions in … between the provinces and states within both countries are quite different. In China, the concentration of innovation is … contrast, innovation is much more dependent on a combination of good local socioeconomic structures and investment in science …
Persistent link: https://www.econbiz.de/10011125988
effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …
Persistent link: https://www.econbiz.de/10010928789
institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …
Persistent link: https://www.econbiz.de/10010745283
institutions in selecting R&D projects (including for both imitation and innovation). Financial development is regarded as the … effective for innovation. However, this regime requires more decentralized decision-making, which in turn depend on contract …
Persistent link: https://www.econbiz.de/10010928613
Using a dynamic model of a step-by-step innovation race between financially constrained firms, I study how financial … constraints affect innovation activity. The novel theoretical results derive from an analysis of the interaction between the … incentive effect of competition on innovation and the effect competition has on the degree of credit rationing. I find that the …
Persistent link: https://www.econbiz.de/10010745834
Research on the impact of innovation on regional economic performance in Europe has fundamentally followed three …) the study of the existence and efficiency of regional innovation systems; and (3) the examination of the geographical … literature by combining in one model R&D, spillovers, and innovation systems approaches. A multiple regression analysis is …
Persistent link: https://www.econbiz.de/10011071557
Uncertainty varies strongly over time, rising by 50% to 100% in recessions and by up to 200% after major economic and political shocks. This paper shows that higher uncertainty reduces the responsiveness of R&D to changes in business conditions - a “caution-effect” - making it more...
Persistent link: https://www.econbiz.de/10011071505
Persistent link: https://www.econbiz.de/10010884706
How much does US-based R&D benefit other countries and through what mechanisms? We test the "technology sourcing" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using panels of UK and US firms matched to patent data we...
Persistent link: https://www.econbiz.de/10010745644
Government policies to support R&D are predicated on empirical evidence of R&D "spillovers" between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business stealing by product market rivals. We develop a general...
Persistent link: https://www.econbiz.de/10011125934