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We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …
Persistent link: https://www.econbiz.de/10012052796
Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel …
Persistent link: https://www.econbiz.de/10012052865
We construct an asymmetri c duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jacquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategies for two agents of...
Persistent link: https://www.econbiz.de/10010315023
of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining … productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …
Persistent link: https://www.econbiz.de/10010315369
of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub … underinvest in innovation. …
Persistent link: https://www.econbiz.de/10010315446
The paper proposes a simple equilibrium model of venture capital, entrepreneurship and innovation. Venture capitalists … productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10010315460
may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …
Persistent link: https://www.econbiz.de/10010315468
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … exogenous to firms' export performance. We find that innovation attributable to this variation leads to an increase of roughly 7 …
Persistent link: https://www.econbiz.de/10010315850
gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10010315898
This paper evaluates how different lengths of entry regulation impact market structure and market performance using a dynamic structural model. We formulate an oligopoly model in the tradition of Ericson and Pakes (1995) and allow entry costs to vary over time. Firms have the opportunity to...
Persistent link: https://www.econbiz.de/10010316999