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Essays On Growth And Innovation Policies
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Book Synopsis Essays on Growth and Innovation Policies by : Ufuk Akcigit
Download or read book Essays on Growth and Innovation Policies written by Ufuk Akcigit and published by . This book was released on 2009 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: (cont.) I prove the existence of the equilibrium and show that the model's predictions are consistent with the aforementioned reduced form evidences. These results rely on two assumptions: the concavity of the profit function with respect to firm size and the constant returns to scale property of the R&D production function. The intuition is that, when profits are concave, the incentives for radical innovation diminishes as firm size increases. As a result, R&D intensity and firm growth also decrease. Next, I estimate the structural parameters of the model using Simulated Methods of Moments and use the results to conduct a policy experiment. Since firms in this model do not internalize the positive externalities that they generate on other firms, there is underinvestment in R&D, so that there is scope for policy action through size-dependent R&D subsidies. In conclusion of this policy experiment, the optimal size-dependent R&D subsidy policy does considerably better than optimal uniform (size-independent) policy. Moreover, supporting small firms is more growth-enhancing than subsidizing big firms. For a large range of values for the elasticity of substitution, the growth enhancing effect dominates the negative impact of public spending on initial consumption. Therefore, the optimal (welfare-maximizing) policy provides higher subsidies to smaller firms.
Book Synopsis Innovation, Economic Development and Policy by : Jan Fagerberg
Download or read book Innovation, Economic Development and Policy written by Jan Fagerberg and published by Edward Elgar Publishing. This book was released on 2018-04-27 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.
Book Synopsis Science, Technology and Innovation Policies for Inclusive Growth in Africa by : Achim Gutowski
Download or read book Science, Technology and Innovation Policies for Inclusive Growth in Africa written by Achim Gutowski and published by LIT Verlag Münster. This book was released on 2020-04 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume analyses major strategic and policy issues. How to make Science, Technology and Innovation (STI) Policies relevant for inclusive growth strategies in Africa so that socio-economic transformation strategies will take off. The first part discusses the issues of human skills development as part of STI policies, based on visions, strategic plans and country cases (for Cameroon, Nigeria and Mauritania). The second part looks at STI Policies for Economic Transformation, focussing on country case studies (for Egypt and Tunisia). A third part presents book reviews and book notes.
Book Synopsis Innovation Policy in the Knowledge-Based Economy by : M.P. Feldman
Download or read book Innovation Policy in the Knowledge-Based Economy written by M.P. Feldman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scholars in the science and technology field have not collectively questioned, much less proposed, an agenda for policy makers. Now is an appropriate time for such an undertaking. First, there is a growing belief that the U.S. national research and development system, like that of many industrial nations, is changing due to global competitive pressures and advancements in information technology and electronic commerce. Second, industry's R&D relationship with the academic research community is changing not only because of the global competition but also because of alterations in the level of government support of fundamental research. As a result, policy makers will need to rethink their approaches to science and technology issues. This volume is a collection of essays by scholars about innovative policy in the knowledge-based economy. By knowledge-based economy we mean one for which economic growth is based on the creation, distribution, and use of technology. As such, innovation policy in such an economy must enhance the creation, distribution, and use of knowledge that leads to the creation, distribution, and use of technology. This volume considers elements of an innovation policy: innovation policy and academic research, innovation policy in electronic commerce, and innovation policy and globalization issues.
Book Synopsis Essays in Economics of Science, Innovation, Policy and Growth by : Marios Demetriades
Download or read book Essays in Economics of Science, Innovation, Policy and Growth written by Marios Demetriades and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Policies for Industrial Growth in a Competitive World by :
Download or read book Policies for Industrial Growth in a Competitive World written by and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on U.S. Innovation Policies by : So-Hyung Park
Download or read book Essays on U.S. Innovation Policies written by So-Hyung Park and published by . This book was released on 2011 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Innovation Performance, Learning, and Government Policy by : Morris Teubal
Download or read book Innovation Performance, Learning, and Government Policy written by Morris Teubal and published by . This book was released on 1987 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Investing in Innovation by : Lewis M. Branscomb
Download or read book Investing in Innovation written by Lewis M. Branscomb and published by MIT Press. This book was released on 1999 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shortly after taking office in 1993, President Bill Clinton and Vice President Al Gore called for a shift in American technology policy toward an expansion of public investments in partnerships with private industry. The authors of this volume were invited by the Clinton administration to take a hard, nonpartisan look at how successful the new policies have been and to propose ways to make their programs more effective. The first summary report of the team's recommendations was called the "hottest technology policy property on Capitol Hill."This book, an expansion of that report, offers a new set of technology policy principles. The authors use the principles to evaluate many federal research programs and to make recommendations for change. This volume will set the terms of the debate over the national research and innovation policy for years to come.
Book Synopsis Innovation Strategies in Interdependent States by : John De la Mothe
Download or read book Innovation Strategies in Interdependent States written by John De la Mothe and published by Edward Elgar Publishing. This book was released on 2006 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: '. . . an interesting and scholarly volume that draws upon a range of disciplines to give an authoritative account of the innovative process. It represents a valuable information source for teachers and students of regional studies, economic policy and business economics.' - Economic Outlook and Business Review
Book Synopsis Essays on Innovation and Public Policy by : Jane Jungeun Choi
Download or read book Essays on Innovation and Public Policy written by Jane Jungeun Choi and published by . This book was released on 2019 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is an important driver of economic growth, and public policy can affect many aspects of innovation. This thesis investigates the role of public policy in relation to two specific aspects of innovation: 1) who becomes an innovator and 2) where intellectual property is located once an innovation occurs. The first chapter analyzes how tax rates on patent- and trademark-related income affect where patents and trademarks are located internationally. I study how changes in patent and trademark tax rates in various countries altered the flow of patents and trademarks in and out of the countries. Using data on patent and trademark transfers from the US Patent & Trademark Office (USPTO), combined with market-based patent value estimates, I estimate the sensitivity of IP location to the changes in tax rates. I present suggestive evidence of income shifting and tax base erosion by showing that patents and trademarks tend to locate in countries with lower tax rates. The second chapter (jointly written with Carolyn Stein and Heidi Williams) investigates the role of gender in the evaluation of patent applications submitted to the USPTO. We document that patent examiner gender appears to have no effect on the evaluation of patent applications submitted by female inventors relative to male inventors, suggesting male examiners are not differentially biased in their evaluation of patent applications from female inventors. The third chapter (jointly written with Yosub Jung) investigates how the passage of US state laws granting married women the rights to own separate property and own their earnings affected patenting by female inventors. In the 1800s, before such laws were passed, the notion of coverture meant that married women's property and earnings were controlled by their husbands. We compare patenting by women before and after the acts and show that patenting by women increased after these laws.
Book Synopsis Techno-economic Paradigms by : Wolfgang J. M. Drechsler
Download or read book Techno-economic Paradigms written by Wolfgang J. M. Drechsler and published by Anthem Press. This book was released on 2009 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Techno-Economic Paradigms' presents a series of essays discussing one of the most interesting and talked-about socio-economic theories of our times: techno-economic paradigm shifts.
Book Synopsis The Economics of Hope by : Christopher Freeman
Download or read book The Economics of Hope written by Christopher Freeman and published by Burns & Oates. This book was released on 1992 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of Hope embodies Christopher Freeman's positive views of the potential of mankind to use its resources constructively. Grounded in the thorough empirical research which is the hallmark of his writings, these essays steer the reader through the complex questions surrounding the issues of technical change, innovation and economic growth.
Book Synopsis Essays in Honor of Edwin Mansfield by : Albert N. Link
Download or read book Essays in Honor of Edwin Mansfield written by Albert N. Link and published by Springer Science & Business Media. This book was released on 2005-12-12 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edwin Mansfield was a research pioneer into the economics of R and D and technological change. As appreciation and remembrance for his scholarly contributions, eminent scholars have contributed original papers for this edited volume. The authors have followed the "Mansfieldian” approach of emphasizing economic insight and intuition over mathematical rigor and as a result are very accessable. Essays in Honor of Edwin Mansfield has the potential to serve as a reader in all advanced undergraduate and graduate classes/seminars in the economics of R and D and technological change. This edited volume will be the definitive work in the field.
Book Synopsis Innovation, Organization and Economic Dynamics by : Giovanni Dosi
Download or read book Innovation, Organization and Economic Dynamics written by Giovanni Dosi and published by Edward Elgar Publishing. This book was released on 2000-01-01 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of the
Book Synopsis Essays on the Production of Innovation by : Ankur Chavda
Download or read book Essays on the Production of Innovation written by Ankur Chavda and published by . This book was released on 2019 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is central to both the competitive strategy of many firms and gains in productivity that lead to economic growth. How do we improve our ability to produce innovations? This dissertation studies three aspects of this question: staged development, vertical integration and venture capital. Staged development, common in many innovative settings including biotech and venture capital of ideas, involves partially funded an idea with the goal of learning more about that idea before additional funding is provided. My result suggests there are cases where committing to ideas, avoiding staged development, can lead to better outcomes. Staged development has the potential of distorting effort to an extent that outweighs any benefit provided by its implicit option value. Research units pursuing innovations can either be integrated within the firm exploiting those innovations or kept as a separate entity. I find that integration leads to a higher rate of new innovations. Separating the research unit can reduce its appetite for risk, changing both the rate and direction of innovation. Finally, uncertainty surrounds strategies to exploit innovations: new ideas by definition have not been tested by market forces. I show how venture capital plays a key role in resolving this uncertainty for entrepreneurs with new ideas. Specifically, venture capital provides the most value for entrepreneurs that are themselves the most uncertain about the underlying value of their ideas.
Book Synopsis Systems of Innovation by : Christopher Freeman
Download or read book Systems of Innovation written by Christopher Freeman and published by Edward Elgar Publishing. This book was released on 2008 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: This set of essays by Chris Freeman, founder of SPRU and one of the pioneers of innovation studies, will be of interest to anyone wanting to gain a deeper understanding of technical and social change.
