Growth Through Heterogeneous Innovations

Growth Through Heterogeneous Innovations PDF Author: Ufuk Akcigit
Publisher:
ISBN:
Category :
Languages : en
Pages : 54

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Book Description
We study how external versus internal innovations promote economic growth through a tractable endogenous growth framework with multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in external R&D to acquire new product lines and in internal R&D to improve their existing product lines. A baseline model derives the theoretical implications of weaker scaling for external R&D versus internal R&D, and the resulting predictions align with observed empirical regularities for innovative firms. Quantifying a generalized model for the recent U.S. economy using matched Census Bureau and patent data, we observe a modest departure for external R&D from perfect scaling frameworks.

Growth Through Heterogeneous Innovations

Growth Through Heterogeneous Innovations PDF Author: Ufuk Akcigit
Publisher:
ISBN:
Category :
Languages : en
Pages : 54

Get Book Here

Book Description
We study how external versus internal innovations promote economic growth through a tractable endogenous growth framework with multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in external R&D to acquire new product lines and in internal R&D to improve their existing product lines. A baseline model derives the theoretical implications of weaker scaling for external R&D versus internal R&D, and the resulting predictions align with observed empirical regularities for innovative firms. Quantifying a generalized model for the recent U.S. economy using matched Census Bureau and patent data, we observe a modest departure for external R&D from perfect scaling frameworks.

Handbook of Innovation Policy Impact

Handbook of Innovation Policy Impact PDF Author: Jakob Edler
Publisher: Edward Elgar Publishing
ISBN: 1784711853
Category : Business & Economics
Languages : en
Pages : 604

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Book Description
Innovation underpins competitiveness, is crucial to addressing societal challenges, and its support has become a major public policy goal. But what really works in innovation policy, and why? This Handbook, compiled by leading experts in the field, is the first comprehensive guide to understanding the logic and effects of innovation polices. The Handbook develops a conceptualisation and typology of innovation policies, presents meta-evaluations for 16 key innovation policy instruments and analyses evidence on policy-mix. For each policy instrument, underlying rationales and examples are presented, along with a critical analysis of the available impact evidence. Providing access to primary sources of impact analysis, the book offers an insightful assessment of innovation policy practice and its evaluation.

Government R&D Funding and Company Behaviour Measuring Behavioural Additionality

Government R&D Funding and Company Behaviour Measuring Behavioural Additionality PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264025855
Category :
Languages : en
Pages : 243

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Book Description
How does government funding of corporate R&D affect the behaviour of firms? Ongoing efforts to boost business investment in R&D demand better methods of evaluating the effectiveness of government policy instruments. Efforts to explicitly measure ...

(International) R&D Collaboration and SMEs

(International) R&D Collaboration and SMEs PDF Author: Hanna Hottenrott
Publisher:
ISBN:
Category :
Languages : en
Pages : 46

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Book Description


Promoting Innovation: The Differential Impact of R&D Subsidies

Promoting Innovation: The Differential Impact of R&D Subsidies PDF Author: Reda Cherif
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 41

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Book Description
We investigate the effect of R&D subsidies on firms’ innovation by ownership, industry, and firm size using German firm-level data. The impact of R&D subsidies is heterogeneous across industries for multinational corporations (MNCs) and domestic firms while it does not differ substantially by firm size. Domestic firms have a larger response in R&D spending in low-tech manufacturing, knowledge-intensive services, and technological services while the response of domestic and foreign MNCs is broadly similar and is greater in medium-tech and high-tech manufacturing. Foreign MNC subsidiaries’ response in terms of patents is greater than that of domestic MNCs in most industries.

The Measurement of Scientific, Technological and Innovation Activities Oslo Manual 2018 Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition

The Measurement of Scientific, Technological and Innovation Activities Oslo Manual 2018 Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264304606
Category :
Languages : en
Pages : 258

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Book Description
What is innovation and how should it be measured? Understanding the scale of innovation activities, the characteristics of innovative firms and the internal and systemic factors that can influence innovation is a prerequisite for the pursuit and analysis of policies aimed at fostering innovation.

Preliminary Feasibility for Public Research & Development Projects

Preliminary Feasibility for Public Research & Development Projects PDF Author: Donghun Yoon
Publisher: Emerald Group Publishing
ISBN: 1801172684
Category : Business & Economics
Languages : en
Pages : 101

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Book Description
Preliminary Feasibility for Public Research & Development Projects explains how to evaluate R&D business by exploring the five key features of policy implication, policy improvement, preliminary feasibility study, R&D evaluation, and R&D strategy and will help develop strategic measures for R&D preliminary feasibility studies.

Handbook of the Economics of Innovation

Handbook of the Economics of Innovation PDF Author: Bronwyn H. Hall
Publisher: Elsevier
ISBN: 0080931111
Category : Business & Economics
Languages : en
Pages : 803

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Book Description
Economists examine the genesis of technological change and the ways we commercialize and diffuse it. The economics of property rights and patents, in addition to industry applications, are also surveyed through literature reviews and predictions about fruitful research directions. Two volumes, available as a set or sold separately - Expert articles consider the best ways to establish optimal incentives in technological progress - Science and innovation, both their theories and applications, are examined at the intersections of the marketplace, policy, and social welfare - Economists are only part of an audience that includes attorneys, educators, and anyone involved in new technologies

Innovation, Reallocation, and Growth

Innovation, Reallocation, and Growth PDF Author: Daron Acemoglu
Publisher:
ISBN:
Category :
Languages : en
Pages : 58

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Book Description
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A new and central economic force is the selection between highand low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using US Census micro data on firm-level output, R&D and patenting. The model provides a good fit to the dynamics of firm entry and exit, output and R&D. Taxing the continued operation of incumbents can lead to sizable gains (of the order of 1.4% improvement in welfare) by encouraging exit of less productive firms and freeing up skilled labor to be used for R&D by high-type incumbents. Subsidies to the R&D of incumbents do not achieve this objective because they encourage the survival and expansion of low-type firms.

Firm Innovation and Productivity in Latin America and the Caribbean

Firm Innovation and Productivity in Latin America and the Caribbean PDF Author: Inter-American Development Bank
Publisher: Springer
ISBN: 1349581518
Category : Business & Economics
Languages : en
Pages : 366

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Book Description
This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.