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We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and …
Persistent link: https://www.econbiz.de/10012481729
manufacturing - to study the effects of new IT on product innovation, production process improvements, employee skills and work …
Persistent link: https://www.econbiz.de/10012466898
Economic studies typically underestimate incremental changes in consumer goods and design innovations that enhance allocative efficiency and structural dynamics. This paper assesses over 12,000 innovations by female patentees and participants in industrial fairs and prize-granting institutions...
Persistent link: https://www.econbiz.de/10012455595
General purpose technologies like information technology typically require complementary firm-specific investments to create value. These complementary investments produce a form of capital, which is typically intangible and which we call digital capital. We create an extended firm-level panel...
Persistent link: https://www.econbiz.de/10012482503
politicians towards voters, in the context of the expansion of Facebook in Brazil. We use self-collected data on the universe of …
Persistent link: https://www.econbiz.de/10013334523
Do information differences across U.S. physicians contribute to treatment disparities? This paper uses a unique new dataset to evaluate how changes in physician access to a decision-relevant drug database affect prescribing decisions. Our results indicate that doctors using the reference have a...
Persistent link: https://www.econbiz.de/10012455424
top 1%. In this paper we argue that the growing importance of digital innovation - new products and processes based on … Schumpeter's vision, digital innovation gives rise to "winner-take-all" market structures, characterized by higher market power … digital non-rivalry, which allows for massive economies of scale and reduces costs of innovation. The latter stimulates higher …
Persistent link: https://www.econbiz.de/10012453726
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10012475836
Globally, an estimated 734 million jobs will be required between 2010 and 2030 to accommodate recent and ongoing demographic shifts, account for plausible changes in labour force participation rates, and achieve target unemployment rates of at or below 4 percent for adults and at or below 8...
Persistent link: https://www.econbiz.de/10012452886
As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...
Persistent link: https://www.econbiz.de/10012467145