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Renewable energy policy in the presence of innovation: Does government pre-commitmnt matter?

Madlener, Reinhard; Neustadt, Ilja - 2010

In a perfectly competitive market with a possibility of technological innovation we contrast guaranteed feed-in tariffs …. Specifically, we model decisions about the technological innovation with convex costs within the framework of a game …-commitment. We find that for the case of technological innovation with convex costs subsidy policies are preferable over quota …

Persistent link: https://www.econbiz.de/10010315479

A pharmaceutical innovation: Is it worth the money? Whose money?

Sennhauser, Michèle; Zweifel, Peter - 2009

This study seeks to provide evidence for deciding whether or not a pharmaceutical innovation should be included in the … treatment cost in both financing alternatives, justifying inclusion of the innovation in the benefit list from a cost …

Persistent link: https://www.econbiz.de/10010315493

The relation between competition and innovation: Why is it such a mess?

Schmutzler, Armin - 2010

Using a general two-stage framework, this paper gives sufficient conditions for increasing competition to have negative or positive effects on R&D-investment, respectively. Both possibilities arise in plausible situations, even if one uses relatively narrow definitions of increasing competition....

Persistent link: https://www.econbiz.de/10010315513

Foreign direct investment and R&D offshoring

Gersbach, Hans; Schmutzler, Armin - 2006

We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in only one of the two countries, first decide whether to build a plant in the foreign country. Then, they decide whether to relocate R&D activities. Finally, they engage in...

Persistent link: https://www.econbiz.de/10010315533

Competition and innovation: An experimental investigation

Sacco, Dario - 2007

The paper analyzes the effects of competitive intensity on firms' incentives to invest in process innovations through an experiment based on two-stage games, where R&D investment choices are followed by product market competition. An increase in the intensity of competition is modeled as an...

Persistent link: https://www.econbiz.de/10010315551

Spurious correlation in estimation of the health production function: A note

Akkoyunlu, Sule; Lichtenberg, Frank R.; Siliverstovs, Boriss - 2009

contribution by Lichtenberg (2004), which relates longevity in the United States to pharmaceutical innovation and public health …

Persistent link: https://www.econbiz.de/10010315553

Competition and innovation: An experimental investigation

Sacco, Dario; Schmutzler, Armin - 2008

The paper analyzes the effects of more intense competition on firms' incentives to invest in process innovations. We carry out experiments based on two-stage games, where R&D investment choices are followed by product market competition. As predicted by theory, an increase in the number of firms...

Persistent link: https://www.econbiz.de/10010315588

The road not taken: Competition and the R&D portfolio

Letina, Igor - 2013

literature, which focuses only on the level of investment in innovation, this model captures both the variety of research …

Persistent link: https://www.econbiz.de/10010316823

Intellectual property rights in a quality-ladder model with persistent leadership

Kiedaisch, Christian - 2012

forward protection reduces the rate of innovation and imposing a nonobviousness requirement reduces R&D spending. It is shown … that full protection against imitation, granted independently of the size of the lead, maximizes the average innovation …

Persistent link: https://www.econbiz.de/10010316839

Parenting with style: Altruism and paternalism in intergenerational preference transmission

Doepke, Matthias; Zilibotti, Fabrizio - 2012

innovation. …

Persistent link: https://www.econbiz.de/10010316863