1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario registrado en Universia


Opción 1: Descargar recurso

Detalles del recurso

Descripción

Empirical evidence shows that the number of patents per R&D dollar declines with firm size. In this paper, we propose a Schumpeterian growth model that accounts for this evidence. We analyze an economy with firms that engage in cost-reducing innovation resulting from the accumulation of both codified and tacit knowledge: the former occurs through the purchase of patents, while the latter is the result of R&D conducted in-house by firms. We study the relation between knowledge appropriability and market structure, and we show that a shift from patents to in-house research occurs as firm size gets larger. Since innovation statistics concentrate mainly on patents, this process of research reallocation results into an under-estimation of innovative activity and is responsible for the declining ratio of patents to R&D expenditure. Survey data on UK-based firms provide support to our results.

Pertenece a

RePEc: Research Papers in Economics  

Autor(es)

Minniti, Antonio - 

Id.: 54222362

Versión: 1.0

Estado: Final

Tipo de recurso: article  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Requerimientos técnicos:  Browser: Any - 

Fecha de contribución: 04-ago-2011

Contacto:

Localización:
* RePEc:eee:jmacro:v:33:y:2011:i:3:p:438-454

Otros recursos del mismo autor(es)

  1. Location in a Vertically Differentiated Industry We analyze a two-stage game in a vertically differentiated duopoly with two regions which can differ...
  2. A Schumpeterian Growth Model with Heterogenous Firms A common assumption in the Schumpeterian growth literature is that the innovation size is constant a...
  3. Quality, Distance and Trade: a Strategic Approach This paper contributes to the literature on distance and quality by identifying a firm-based force c...
  4. Multi-Product Firms, R&D, and Growth, The B.E Multi-product firms dominate production activity in the global economy. There is widespread evidence...
  5. R&D Policy and Schumpeterian Growth: Theory and Evidence In recent years, a large body of empirical research has investigated whether the predictions of seco...

Otros recursos de la misma colección

  1. Bank failure and deposit protection in the Isle of Man: A case study on investor protection in a British Isles offshore jurisdiction Purpose – The Isle of Man, a British Isles offshore jurisdiction located in the middle of the Irish ...
  2. Bank informational opacity: evidence from the Tunisian stock market Purpose – The purpose of this paper is to investigate the informational opacity of Tunisian banks ve...
  3. Derivatives listing strategy Purpose – Nowadays, a very interesting issue that matters both to academics and practitioners is the...
  4. Risk management and Basel-Accord-implementation in Pakistan Purpose – Recent events demonstrate that problems in the banking system pose a significant threat to...
  5. Development of insurance regulation in Ireland Purpose – The purpose of this paper is to chart the chronology of insurance regulation in Ireland an...

Aviso de cookies: Usamos cookies propias y de terceros para mejorar nuestros servicios, para análisis estadístico y para mostrarle publicidad. Si continua navegando consideramos que acepta su uso en los términos establecidos en la Política de cookies.