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This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...
Persistent link: https://www.econbiz.de/10011256554
Following formal privatisation of farm land and assets in CentralEurope, the change in agriculturalproduction structures has been both more limited and different thanwas initially expected. In this paper, thetheoretical reasons underlying those expectations are reviewed. Analternative...
Persistent link: https://www.econbiz.de/10011256214
Despite the pervasive phenomenon of scale economies the majority of firms hasalways been small firms. The emergence of small firms as a means of economic development on both sides of the Atlantic has been one of the major new topics of economic policy since the 1980s. This has drawn renewed...
Persistent link: https://www.econbiz.de/10011255841
Innovation and technological change are central to the quest for regional development. In the globally … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …
Persistent link: https://www.econbiz.de/10011255948
externalities in explaining variation in innovation rates across firms. More specifically, we combine micro-data and census data to … estimate the probability that a firm will introduce a goods, service or process innovation. We consider internal firm … agglomeration variables are only significant for a few specific sectors, and even then only for some types of innovation. Accepted …
Persistent link: https://www.econbiz.de/10011256008
-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …
Persistent link: https://www.econbiz.de/10011256057
recent literature is that there is a clear impact of environmental policy on invention, innovation and diffusion of …
Persistent link: https://www.econbiz.de/10011256107
In recent decades there have been an enormous number of studies about innovation systems, partly inspired by a great … development strategies. Despite different perspectives, most studies highlight knowledge creation and innovation as the major … drivers of change and growth. This consensus disappears, however, as soon as the complexity of innovation and knowledge are …
Persistent link: https://www.econbiz.de/10011256132
Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …
Persistent link: https://www.econbiz.de/10011256222
This discussion paper resulted in a publication in the <I>Journal of Economic Dynamics and Control</I> (2013), 37(12), 2729-2754.<P> Existing models of R&D are not easily reconciled with four observable aspects of R&D: initial technologies ('ideas') need to be developed further, only a minority of initial...</p></i>
Persistent link: https://www.econbiz.de/10011256239