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that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …
Persistent link: https://www.econbiz.de/10010316868
I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in … the U.S. An interim of lighter regulation provides an experiment to test the regulatory regime''s impact on innovation …. The econometric model comprises an arrival process (for service innovation) followed by a duration process (for regulatory …
Persistent link: https://www.econbiz.de/10010318599
The effects that regulation has on the innovation and the introduction of new telecommunications services have not been … (RoRR) and under alternative regulation. The econometric model comprises an count process (for innovation) followed by a …
Persistent link: https://www.econbiz.de/10010318609
capitalistic economy. These cycles, inherent to the rise of innovation, are an unavoidable consequence of the way in which markets … played by finance in fostering innovation, in defining bank credit as the monetary complement of innovation. Nevertheless, we … feel that the connection between innovation and firm financing has seldom been examined from a theoretical standpoint, not …
Persistent link: https://www.econbiz.de/10010318638
We investigate to what extent tolerance, as measured by attitudes toward different types of neighbors, affects economic growth. Data from the World Values Survey enable us to investigate tolerance-growth relationships for 54 countries. We provide estimates based on cross-sectional as well as...
Persistent link: https://www.econbiz.de/10010321391
analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …
Persistent link: https://www.econbiz.de/10010321457
This article examines the effects of market structure on the variety of research projects undertaken and the amount of duplication of research. A characterization of the equilibrium market portfolio of R&D projects and the socially optimal portfolio is provided. It is shown that a merger...
Persistent link: https://www.econbiz.de/10011663162
coevolution of market and network structure matter for the relationship between competition and innovation. Moreover, our model …
Persistent link: https://www.econbiz.de/10011663182
This paper assesses the role of relationship lending in explaining simultaneously the innovation activity of Small and … SME's increased propensity to introduce product innovation. We further discuss the financial and non-financial channels …
Persistent link: https://www.econbiz.de/10011739592
This paper analyzes the design of innovation contests when the quality of an innovation depends on the research …
Persistent link: https://www.econbiz.de/10011784283