Previous research in regional energy efficiency by using macro statistical data has demonstrated that technology development could improve regional energy efficiency. Since the start of reform and opening up in 1978, China has mainly adopted energy import and foreign direct investment to promote economic growth. At the same time, the country has also increased the input of technology and R&D to...

We consider energy investment, when a choice has to be made between fossil fuel and biomass fired production technologies. A dynamic model is presented to illustrate the effect of the different degrees of input price uncertainty on the choice of technology and the timing of the investment. It is shown that when the choice of technology is irreversible, it may be optimal to postpone the investme...

We address the question: do technology investors differ from traditional investors? Employing a conjoint methodology, we identified 28 technology investors from a sample of 68 European early stage investors. Comparing the two groups of investors we found that: (1) technology investors were not more likely to receive public funding than traditional investors; (2) technology investors had more in...

Fig (Ficus carica L.) is a perishable fruit and it needs to use new techniques in order to increase shelf life of this product. In present study, atmospheric cold plasma as a non-thermal treatment was utilized for preserving fresh fig quality. Dielectric barrier discharge plasma was applied to fruits in two steps. Durations of first treatments were 1 and 5 minutes. Based on this step results, m...

This paper combines technology adoption with capital accumulation taking into account technological progress. We model this as a multi-stage optimal control problem and solve it using the corresponding maximum principle. The model with linear revenue can be solved analytically, while the model with market power is solved numerically. We obtain that investment jumps upwards right at the moment t...

Motivated by the German postal market, this paper analyzes the effects of regulatory uncertainty about labor costs for investment into a liberalized market. We distinguish between the external investment margin (market entry) and the internal investment margin (technology) and establish that regulatory uncertainty affects these margins differently, encouraging market entry but discouraging inve...

Learning by doing attributes cost reductions of a technology to cumulative investment and thus experience. This paper argues that the additional dimension of investment volume growth rate has to be considered. This growth rate has historically been limited in most sectors, thus allowing for feedback in the learning process. When market growth is below the ‘optimal’ rate, the marginal value of a...

This empirical study compares the advanced manufacturing technology (AMT) investment, the manufacturing infrastructure investment, and the interaction effect between these two types of investments using data from a sample of firms in Singapore and Sweden. The results suggest that the interaction of AMT investment and manufacturing infrastructure investment has a positive impact on the firm prof...