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This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …
Persistent link: https://www.econbiz.de/10010275873
This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are...
Persistent link: https://www.econbiz.de/10010277410
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&Dcooperative strategy over the...
Persistent link: https://www.econbiz.de/10010261135
This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for …
Persistent link: https://www.econbiz.de/10010266051
intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model assumes Cournot …
Persistent link: https://www.econbiz.de/10010270491
Since governments can influence the demand for a new abatement technology through their environmental policy, they may be able to expropriate innovations in new abatement technology ex post. This suggests that incentives for environmental R&D may be lower than the incentives for market goods...
Persistent link: https://www.econbiz.de/10010274844