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greatest explosion of financial innovation the world had ever seen. Financial fragility grew until the economy collapsed into … the global financial crisis. At the same time, we saw that much (or even most) of the financial innovation was directed … attention to increasing funding of the innovation process. For that reason, we will look not only to Minsky's ideas on the …
Persistent link: https://www.econbiz.de/10011545297
The last decades have seen large improvements in digital advertising technology that allowed firms to better target specific consumer tastes. This research studies the relationship among digital advertising, the rise of varieties, and economic welfare. We develop a model of advertising and...
Persistent link: https://www.econbiz.de/10014388429
the impact of a particular regulation - license requirements for certain firm activities - on the innovation performance … led to an eight percentage points higher innovation rate within two years following the reform. We measure innovation as …
Persistent link: https://www.econbiz.de/10013373854
This study examines the economic effects of research and development (R&D) supports in the context of a program implemented in Türkiye between 2006-2019. Firms receiving the support differ positively from other firms in key economic indicators. Results indicate a 6% rise in patent...
Persistent link: https://www.econbiz.de/10014540907
We study why high-priced acquisitions of entrants by an incumbent do not necessarily stimulate more innovation and …
Persistent link: https://www.econbiz.de/10013342566
We develop a new monthly panel survey of business executives and a new question design that elicits subjective probability distributions over own-firm outcomes at a one-year lookahead horizon. Our Survey of Business Uncertainty (SBU) began in 2014 and now covers 1,500 firms drawn from all 50...
Persistent link: https://www.econbiz.de/10012030295
We draw on the monthly Survey of Business Uncertainty (SBU) to make three observations about pandemic-era uncertainty in the U.S. economy. First, equity market traders and executives of nonfinancial firms share similar assessments about uncertainty at one-year lookahead horizons. That is, the...
Persistent link: https://www.econbiz.de/10012653490
Entwicklung zu stark an den heutigen Kunden und Anwendern, resultieren oft nur kleine Innovationen (inkrementale Innovation …
Persistent link: https://www.econbiz.de/10010308070
28 innovation projects in German and Japanesecompanies. We further reveal differences in the practice of innovation …
Persistent link: https://www.econbiz.de/10005867147
In research as well as in practice, process models are an expatiated element of innovation management. They fulfill … design of innovation process models. For this purpose, a brief retrospection of the emergence and advancement of process …
Persistent link: https://www.econbiz.de/10010308073