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Innovative sales, R&D and total innovation expenditures : panel evidence on their dynamics

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2009

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

Persistence of innovation in Dutch manufacturing : is it spurious?

Raymond, Wladimir; Mohnen, Pierre A.; Palm, Franz; van … - 2006

This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using … firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and …

Persistent link: https://www.econbiz.de/10010276134

Complementarity of innovation policies in the Brazilian industry : an econometric study

Strube, Eduardo; Resende, Marcelo - 2009

The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … on supermodularity and submodularity tests for obstacles to innovation (in the present application: lack of finance … analysis highlights the two phases of the innovation process in terms of the propensity and intensity of innovation. The …

Persistent link: https://www.econbiz.de/10010276376

Innovation, trade, and finance

Egger, Peter; Keuschnigg, Christian - 2011

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

The impact of pharmaceutical innovation on longevity and medical expenditure in Sweden, 1997-2010: Evidence from longitudinal, disease-level data

Lichtenberg, Frank; Pettersson, Billie - 2012

We use longitudinal, disease-level data to analyze the impact of pharmaceutical innovation on longevity and medical … expenditure in Sweden, where mean age at death increased by 1.88 years during the period 1997-2010. Pharmaceutical innovation is … the number of drugs to treat a disease, not the number of drug classes. Pharmaceutical innovation also reduced hospital …

Persistent link: https://www.econbiz.de/10010283600

Fueling growth when oil peaks: Directed technological change and the limits to efficiency

André, Francisco J.; Smulders, Sjak - 2012

While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous growth model that reconciles the current aggregate...

Persistent link: https://www.econbiz.de/10010289359

Dynamics of open source movements

Athey, Susan; Ellison, Glenn - 2010

This paper considers a dynamic model of the evolution of open source software projects, focusing on the evolution of quality, contributing programmers, and users who contribute customer support to other users. Programmers who have used open source software are motivated by reciprocal altruism to...

Persistent link: https://www.econbiz.de/10010274877

Economic Returns to Speaking the Right Language(s)? Evidence from Kazakhstan's Shift in State Language and Language of Instruction

Aldashev, Alisher; Danzer, Alexander M. - 2014

This paper investigates the economic returns to language skills and bilingualism. The analysis is staged in Kazakhstan, a multi-ethnic country with complex ethnic settlement patterns that has switched its official state language from Russian to Kazakh. Using two newly assembled data sets, we...

Persistent link: https://www.econbiz.de/10010435780

Investment in Productivity and the Long-Run Effect of Financial Crises on Output

de Ridder, Maarten - 2016

This paper analyzes the channels through which financial crises exert long-term negative effects on output. Recent models suggest that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a gap between pre-crisis trend and actual GDP. This...

Persistent link: https://www.econbiz.de/10011584942

How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree

Watzinger, Martin; Fackler, Thomas A.; Nagler, Markus; … - 2017

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …

Persistent link: https://www.econbiz.de/10011615906