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This paper studies the optimal design of dynamic research contests. We introduce interim transfers, which are paid in every period while the contest is ongoing, to an otherwise standard setting. We show that a contest where: (i) the principal can stop the contest in any period, (ii) a constant...
Persistent link: https://www.econbiz.de/10012052584
development of the producers is a direct consequence of the association of a number of factors such as innovation and technology …
Persistent link: https://www.econbiz.de/10011979704
The concept of Responsible Research and Innovation (RRI) has become a popular term as a result of making it a cross … desirability of the innovation process and its products. The work presents a review of the state-of-art scientific literature on … Responsible Research and Innovation (RRI) together with a synthesis of theoretical and practical challenges faced by this new …
Persistent link: https://www.econbiz.de/10012221597
the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …
Persistent link: https://www.econbiz.de/10012517156
about open access must include a discussion about research infrastructure and innovation in academic publishing. …
Persistent link: https://www.econbiz.de/10011411236
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …
Persistent link: https://www.econbiz.de/10011537553
science development were being structured and their activities were adapting to the new system of management. Innovation went … into a decline, the rate of which had increased by the end of the year. No new instruments of innovation policy were … introduced and the state of innovation was being significantly affected by the general conditions of economic activity, the …
Persistent link: https://www.econbiz.de/10013013969
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
The aim of this paper is to estimate the effect of research externalities across space, in generating innovation. We do … would increase the innovation of the region itself by 80-90%. Given the small size and the limited range of diffusion, we …
Persistent link: https://www.econbiz.de/10014113520
The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, the productivity of its R&D and the existence of knowledge spillovers across regional boundaries. Here we develop a … model which, emphasizing "the demand pull" as a key exogenous determinant of long-run innovation across regions, allows us …
Persistent link: https://www.econbiz.de/10014189286