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This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10010311657
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011398011
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10011401020
have influenced the direction of innovation over the last four decades. Our findings suggest that the demography of …
Persistent link: https://www.econbiz.de/10012064997
We study the prevalence and traits of global collaborative patents for U.S. public companies, where the inventor team is located both within and outside of the United States. Collaborative patents are frequently observed when a corporation is entering into a new foreign region for innovative...
Persistent link: https://www.econbiz.de/10011561206
their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
On behalf of the German Federal Government, the Commission of Experts for Research and Innovation presents its second … measures to further strengthen the innovation potential of Germany. In particular in the present economic diffi culties …, research and innovation policies have a central role to play. The challenges faced are varied and were already named in the EFI …
Persistent link: https://www.econbiz.de/10014206572
relatively low innovation score, a feature reversing the trend observed in most European Union countries. Three empirical … scenarios, one for each innovation output, are defined and analyzed following a random-effects probit panel model separately …
Persistent link: https://www.econbiz.de/10014506780
Research and innovation are extremely important for Germany. New insights are generated by research, and new ways of … and innovation, and where the country ranks in the international innovation contest. The Federal Government of Germany … therefore decided in 2006 to establish an independent Commission of Experts on Research and Innovation (EFI), with the remit to …
Persistent link: https://www.econbiz.de/10012708751