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Heterogeneous technology diffusion and ricardian trade patterns

Kerr, William R. - 2016

Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...

Persistent link: https://www.econbiz.de/10011568775

Should we give up after Solyndra? : optimal technology R&D portfolios under uncertainty

Webster, Mort; Fisher-Vanden, Karen; Popp, David; … - 2015

Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...

Persistent link: https://www.econbiz.de/10011298511

The role of human capital in structural change and growth in an open economy : innovative and absorptive capacity effects

Bye, Brita; Fæhn, Taran - 2021

Since the financial crisis in 2008, slow growth has riddled Europe and the Covid-19 pandemic is amplifying the challenge. Promoting economic growth and transforming to a more knowledge-based industrial structure will be high on the agenda for the coming decades. We study how more and better...

Persistent link: https://www.econbiz.de/10012421142

Legal institutions, innovation and growth

Anderlini, Luca; Felli, Leonardo; Immordino, Giovanni; … - 2011

We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal … excessive (greater than first-best) R&D investment and output growth. -- legal system ; commitment ; flexibility ; innovation …

Persistent link: https://www.econbiz.de/10009153886

Science vs. profit in research : lessons from the human genome project

Carraro, Carlo; Pomè, Alessandra; Siniscalco, Domenico - 2001

This paper elaborates on the recent race to sequence the human genome. Starting from the debate on public vs. private research arising from the genome case, the paper shows that in some fundamental research areas, where knowledge externalities play an important role, market and non-market...

Persistent link: https://www.econbiz.de/10011399680

A strategic R&D investment with flexible development time in real option game analysis

Villani, Giovanni - 2009

The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...

Persistent link: https://www.econbiz.de/10003872189

Incentives and creativity in groups

Ramm, Joachim; Tjøtta, Sigve; Torsvik, Gaute - 2013

It has been argued that monetary incentives restrain individual creativity and hamper performance in jobs requiring out of the box thinking. This paper reports from an experiment designed to test if the negative incentive effect is present also when individuals work together to solve such...

Persistent link: https://www.econbiz.de/10009786022

Growth effects of non proprietary innovation

Saint-Paul, Gilles - 2002

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/10011409970

Patent breadth in an international setting

Bond, Eric W.; Zissimos, Benjamin - 2017

We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader patents make R&D more attractive, but the effect on static efficiency is nonmonotonic. In a North.South model, where only the North can innovate, harmonization of patent breadth...

Persistent link: https://www.econbiz.de/10011637630

Mind the knowledge gap! : the origins of declining business dynamism in a macro agent-based model

Delli Gatti, Domenico; Terranova, Roberta; Turco, Enrico - 2023

In this paper we replicate most of the stylized facts characterizing the decline in business dynamism in the USA highlighted by Akcigit and Ates (2021) and provide an explanation of their emergence by means of a macroeconomic agent-based model populated by two types of firms: innovators who...

Persistent link: https://www.econbiz.de/10014383652

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