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General Purpose Technologies and the Industrial Revolution

Dudley, Leonard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

potential willingness tocooperate. The result is regional specialization in the innovation process by degree ofcooperation … innovation in theirregions where such direct cooperation was not required... …

Persistent link: https://www.econbiz.de/10009138628

Competition as an AmbiguousDiscovery Procedure: A Reappraisal ofHayek’s Epistemic Market Liberalism

Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

Epistemic arguments play a significant role in Hayek’s defense of market liberalism. Hisclaim that market competition is a discovery procedure that serves the common good is acase in point. The hypothesis of the markets’ efficient use of existing knowledge issupplemented by the idea that...

Persistent link: https://www.econbiz.de/10009138586

As Innovations Drive Economic Growth, Do They also Raise Well-Being?

Binder, Martin; Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

While there is little doubt that innovations drive economic growth, their effects on well-being areless clear. One reason for this are ambivalent effects of innovations on well-being that result frompecuniary and technological externalities of innovations, argued to be inevitable. Another...

Persistent link: https://www.econbiz.de/10009138587

The Dynamics of Consumer Behavior and the Transition to Sustainable Consumption Patterns

Witt, Ulrich - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

Strong growth in disposable income has driven, and is still driving, consumption to unprecedented,but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, andinnovation underlying that growth a behavioral theory of consumption is suggested and discussedwith...

Persistent link: https://www.econbiz.de/10009138589

Environmental and Climate Innovation:Limitations, Prices and Policies

Bergh, Jeroen C. J. M. van den - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011

There is currently much hope about environmental innovation and green technologies, notablyas a response to the threat … of climate change. This paper offers a critical perspective on the roleof technological innovation to solving … environmental and innovation policies to stimulateenvironmental innovation, to escape current and to evade early new lock-ins, and …

Persistent link: https://www.econbiz.de/10009138614

Will imitators follow pioneer consumers in the adoption of solar thermal systems? Empirical evidence for North-West Germany

Wörsdorfer, Julia Sophie; Kaus, Wolfhard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010

from innovation economics and evolutionaryconsumer theory, we posit that these variables play a dierent role at …

Persistent link: https://www.econbiz.de/10009138626

Distance to Frontier and Appropriate Business Strategy

Coad, Alexander - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008

This paper is an empirical test of the hypothesis that the appropriateness of differentbusiness strategies is conditional on the firm’s distance to the industry frontier. We usedata on four 2-digit high-tech manufacturing industries in the US over the period 1972-1999, and apply...

Persistent link: https://www.econbiz.de/10005865881

Evolutionary Modelling in Economics:A Survey of Methods and Building Blocks

Safarzynska, Karolina; van den Bergh, Jeroen C.J.M. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008

features of evolutionary systems - diversity, innovation and selection - andadditional elements, such as bounded rationality …

Persistent link: https://www.econbiz.de/10005865882

The Employment Effects of Innovationsin High-Tech Industries

Coad, Alexander; Rao, Rekha - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2007

firms of different sizes. As a result, we focus on the effectof innovation on total number of jobs, whereas previous studies …

Persistent link: https://www.econbiz.de/10005865937

Is Academic Entrepreneurship Good or Badfor Science? Empirical Evidence fromthe Max Planck Society

Bünstorf, Guido - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006

Based on new data, this paper studies invention disclosure, licensing, and firm formationactivities of Max Planck Institute directors over the time period 1985-2004, and analyzestheir effects on scientists’ publication and citation records. The results are consistent withprior findings that...

Persistent link: https://www.econbiz.de/10005865972