Firms producing differentiated products have high margins and therefore low risk. As a result firms invest more into developing differentiated products when they perceive risk is high. Higher risk also implies higher product skewness towards more differentiated products and therefore higher...

Despite the immense progress that has been made throughout the world in improving the quality of life through applications of technology, large proportions of the peoples of Africa still leave on less than $1.00 per day income. The seven most industrialised democracies of the world, without...

Models on innovation, for the most part, do not include a comprehensive and end-to-end view. Most innovation policy attention seems to be focused on the capacity to innovate and on input factors such as R&D investment, scientific institutions, human resources and capital. Such inputs frequently...

We consider the problem faced by a manager commissioning an innovative product requiring multi-stage sequenced innovation, when innovating agents have different costs and information transfer is expensive. We specify their optimisation problem and present a polynomial time solution method. We...

In Europe, anthropocentric organization models – an updated version of the sociotechnique approach – had their maximum expression in the Swedish model, which came to be known as “uddevalism” or “volvoism”. Several factors were presented as conditioners of this success [1], and some...

La présente étude résume les résultats obtenus lors de l'enquête effectuée en été 1988 sur les facteurs déterminant la R&D dans l'industrie suisse. Parmi les 940 entreprises sélectionnées, 358 ou environ 38 % d'entre elles ont répondu au questionnaire. Elles se répartissent en 127...

Das vorliegende Arbeitspapier fasst die Ergebnisse einer im Sommer 1988 durchgeführten schriftlichen Expertenbefragung zu den Bestimmungsfaktoren von Forschung und Entwicklung in der Schweizer Industrie zusammen. Von den 940 befragten Unternehmungen haben 358 oder ca. 40% geantwortet; sie waren...

In March 2000, the Lisbon Summit set the European Union the goal of becoming ‘the most dynamic and competitive knowledge-based economy in the world’ by 2010. This paper aims to ascertain the extent to which various indicators of innovation in EU15 have improved and whether such improvement...

The underlying theoretical assumption of this paper is that if firms can imitate an innovation at a cost that is substantially below the cost of the innovator to carry out the innovation, there may be little or no incentive to carry out the innovation. Cost and time required for imitating new...

This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...