Within the recent literature studying participation in international markets using micro data, a small number have suggested that firms benefit from their exposure to international markets. One channel considered for this role has been investments in R&D. A common finding in this literature is that firms involved in international trade are also more likely to also undertake R&D. In this paper w...

What are the prospects for long-run economic growth? One prominent line of thinking is trend toward stagnation. Stagnationism has a long history in economics, beginning prominently with Malthus and occasionally surfacing different guises. Prominent themes here following: Will growth slow perhaps even reverse under weight resource depletion? overpopulation diminishing returns lower living standa...

Straipsnyje nagrinėjami veiksniai, darantys įtaką inovacijų diegimui Lietuvos viesbucių versle. Sprendžiama mokslinė problema: kokie diegimo veiksniai aktualiausi Taikant ekspertinio vertinimo ir apklausos metodus atliekamas diegimą lemiancių veiksnių vertinimas. Nustatyti svarbiausi lemiantys veiksniai: rinkos imlumas, materialiniai finansiniai įmonės istekliai. Inovacijų viesbuciuose labiausi...

The crystal structures of three nepheline samples, (1) K1.91 Na6.04 Si8.15 Al7.72 Fe0.10 O32, a 9.9995(6), c 8.384(2) Å, P63, Z = 1, Dx = 2.673 g cm–3, from the Khibina–Lovozero complex, Kola Peninsula, Russia, (2) K1.60 Na6.21 Ca0.08 Si8.44 Al7.43 O32, a 9.985(1), c 8.372(1) Å, P63, Z = 1, Dx 2.660 g/cm3, from Bancroft, Ontario, Canada, and (3) K1.76 Na5.86 Ca0.13 Si8.12 Al7.84 Fe0.04 O32, a 9...

This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to this question. In the empirical analysis, it turns out that the manager-led firms are more active inn...

When effort is multi-dimensional, firms will optimally “balance” the provision of incentives. Setting high-powered incentives along one dimension raises the returns to providing high-powered incentives along other dimensions which compete for the worker’s effort and/or attention (Holmstrom and Milgrom, 1991). We test for this effect in the context of for-profit pharmaceutical laboratories using...

FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with MNCs, e.g. the Grossman-Helpman model, assume away the knowledge-spillovers aspect of FDI. We also presen...

The paper o¤ers a new theoretical framework to investigate the organization of technology transfer between universities and industry. We ...nd that technology transfer o¢ces (TTOs) can reduce the uncertainty and adverse selection problems between faculty-inventors and industrial ...rms, and thus play a crucial role in forming the market for university inventions. Our results help explain the si...

We explore the dynamic evolution of property rights regimes in R&D alliances using the incomplete contract approach pioneered by Grossman, Hart, and Moore. In contrast to the standard analysis, the productive asset is an excludable public good such as a patent. Moreover, both firms can decide whether to disclose their know-how and invest effort. Know-how that has once been released cannot be co...

A felelőssegteljes kutatas es innovacio letrejottenek celja, hogy uj perspektivakat kinaljon a kutatas-fejlesztes (K  F I) folyamatanak eredmenyeinek kezelesere. szakpolitikai tudomanyos teruleten egyarant egyre nagyobb hangsulyt kap. Bar meglehetősen fogalomnak tekinthető, az altala leirt problema korantsem keletű: tobb evtizedre visszavezethető gyokere, azonban europai unios szakpolitikaban ...