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Family ownership, finance for innovation, and exports. Evidence from European micro and small firms Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-03-15 Francesco Aiello, Graziella Bonanno, Achille Puggioni, Stefania P. S. Rossi
This study focuses on the impact of ownership and the finance for innovation on the exports of micro and small family-owned firms (FFs) compared with nonfamily-owned firms (non-FFs) for 11 European...
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The upheaval years: a literature review on firms’ digitalization new era Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-03-14 Juan Jung, Gonzalo Gómez-Bengoechea
We provide an up-to-date literature review that describes the state of the art on the impact of digitalization on firm performance. Firms’ digitalization processes are associated to productivity ga...
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Private R&D, environmental policy, and greenhouse gas emissions Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-03-12 Dierk Herzer
This study examines the hypothesis that private research and development (R&D) reduces greenhouse gas (GHG) emissions conditional on the stringency of environmental policies. Using panel data for 2...
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From the paper age to the electronic age: an electronic business registry reform in Ecuador Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-02-15 Segundo Camino-Mogro
This paper analyzes the short- and long-run effects of implementing an electronic business registry in Ecuador in September, 2014. Using a regression discontinuity in time (RDiT) design jointly wit...
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‘With no siblings, but with a home’: Single Patent-code Inventions (SPIs) and regional technological diversification Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-02-13 Claudio Cozza, Sandro Montresor, Alessandro Palma, Gianluca Tarasconi
We investigate the extent to which the ‘siloed’ nature of regions’ knowledge base affects their technological diversification. Drawing on recombinant innovation theory, we maintain that regions fin...
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Synergy in environmental compliance, innovation and export on SMEs’ growth Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-02-13 Quoc Tran-Nam, Phu Nguyen-Van, Tuyen Tiet
Although numerous studies examine the impacts of environmental compliance and innovation on a firm’s economic performance, the role of export activities in this nexus has remained unanswered. In th...
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To diversify or not? The link between global sourcing of ICT goods and firm performance Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-02-02 Alexander Schiersch, Irene Bertschek, Thomas Niebel
We analyse variation in firm performance as a function of the international diversification of ICT imports by firms. Drawing on administrative data from 2010 and 2014 on nearly 4000 German manufact...
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The effect of external innovation on firm employment Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-02-06 Guillermo Arenas Díaz, Andrés Barge-Gil, Joost Heijs, Alberto Marzucchi
This paper analyses the effects of product innovations introduced by firms in upstream and downstream sectors and firms in the same sector on firm employment. To this end, we extend the Harrison et...
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The diffusion of renewable energy production in European countries: the role of incentives Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-01-31 Matteo Abbruzzese, Davide Infante, Janna Smirnova
The green technologies studied in this work can be considered non-drastic innovations, the diffusion process for which is largely influenced by government sponsorship. The study analyses heterogene...
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Market valuation of international patenting using a real option approach: the moderating role of uncertainty Economics of Innovation and New Technology (IF 2.213) Pub Date : 2024-01-22 Grid Thoma
The article assesses the option value embedded in a firm’s patent assets relying on the Tobin's q market value model. In particular, novel empirical evidence on the market valuation of patent strat...
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The impact of domestic and foreign public green R&D on domestic green innovation Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-12-29 Dierk Herzer
This study examines the effect of both domestic and foreign publicly funded R&D in environmentally friendly technologies on domestic green innovation. Using panel data for 24 countries over the per...
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Financing small and innovative firms during COVID-19 Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-12-27 Marc Cowling, Weixi Liu, Yujia Chen, Raffaella Calabrese, Tim Vorley
Previous research on the financing of smaller innovative firms has established that being small per se creates problems in accessing finance, but being small and innovative adds another layer of di...
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Forecasting innovative start-ups through automatic variable selection and MIDAS regressions Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-12-20 Consuelo Rubina Nava, Luigi Riso, Maria Grazia Zoia
The paper focuses on the role that both macroeconomic indicators and financial factors play as drivers for the birth and the evolution of the Italian innovative start-ups over time. The analysis ma...
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Mitigating the labor displacing effects of automation through a robot tax: evidence from a survey experiment Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-12-14 Emanuela Carbonara, Chiara N. Focacci, Enrico Santarelli
We examine how taxation might influence the relationship between automation and employment dynamics. The results obtained through a survey experiment with 2,000 entrepreneurs residing in the U.S. s...
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Are temporary hires good or bad for innovation? The Italian evidence Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-11-29 Stefano Dughera, Francesco Quatraro, Andrea Ricci, Claudia Vittori
This paper investigates the relationship between temporary workers and innovation. We model a firm’s choice concerning: (i) the mix of temporary and permanent workers; (ii) the optimal level of tra...
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The impact of ultra-fast broadband on labor income: an event study approach Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-11-02 Laura Abrardi, Carlo Cambini, Lorien Sabatino
We investigate the impact of ultra-fast broadband connections on labor income and employment. We use panel data for Italian municipalities for the period 2012–2019 and we exploit the staggered roll...
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Innovation-driven economic growth under global turbulence: how countries strengthen innovation systems to deal with threats Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-11-02 Valeriya Vlasova, Anastasia Saprykina
The role of innovation as a major force of economic growth is not to doubt. Despite this, geopolitical challenges in recent years pose difficulties for countries, especially for those who struggle ...
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The unequal implications of Industry 4.0 adoption: evidence on productivity growth and convergence across Europe Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-10-13 Fabio Lamperti, Katiuscia Lavoratori, Davide Castellani
Do new manufacturing technologies of the Industry 4.0 (I4.0) boost TFP growth? By adopting a distance-to-frontier framework, this paper explores whether the adoption of (advanced) digital technolog...
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Innovation, asymmetric information and the capital structure of new firms Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-10-10 Jonathan Taglialatela, Andrea Mina
Start-ups are essential contributors to economic development, but they often face several barriers to growth, including access to finance. We study their capital structure in their early years of o...
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Impact of technological change on growth trajectory of India: a multivariate-BVAR analysis Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-10-10 Debasis Rooj, Rituparna Kaushik
This paper examines the impact of technological change on Indian economic growth using the Bayesian Vector Auto-Regressive (BVAR) methodology. We use a comprehensive annual time series dataset cove...
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Firm survival and innovation: direct and indirect effects of knowledge for SMEs Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-10-09 Sergio Destefanis, Ornella Wanda Maietta, Fernanda Mazzotta, Lavinia Parisi
This paper explores the effects of innovation on firm survival by using data from a representative survey of small and medium manufacturing firms in the province of Salerno, Italy. We innovate upon...
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The alienability of innovation: evidence from patent transfers Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-09-29 Šimon Trlifaj
This paper examines the conceptualization of innovation as a public good using an empirical analysis of patent transfers. It proposes that patents make inventions both excludable and alienable, in ...
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Unanticipated consequences: concerns about the sale of taxpayer-funded technologies to foreign entities Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-09-15 Albert N. Link, Christopher A. Swann
ABSTRACT An unanticipated consequence from the U.S. Small Business Innovation Research (SBIR) program is the propensity of U.S. firms to sell their SBIR-funded and developed technology rights to foreign entities. While such sales are factually documented in reports from both the U.S. National Academies and from the Department of Defense, the U.S. Congress has only recently shown concern about such
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Cross-ownership on R&D and welfare in a mixed oligopoly: revisiting with convex cost Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-09-13 Hao Cheng, Xiaoyuan Ding, Chenhang Zeng
ABSTRACT This paper revisits how private cross-ownership affects cost-reducing R&D, production quantities, consumer surplus, firms’ profits and social welfare in a mixed oligopoly with a convex cost function. We show that increasing cross-ownership reduces private firms’ R&D but increases the semi-public firm’s R&D. Further, both consumer surplus and social welfare could be enhanced through cross-ownership
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Network externalities, product compatibility and process innovation: corrigendum Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-08-23 Domenico Buccella, Luciano Fanti, Luca Gori
ABSTRACT This note represents a corrigendum to Buccella et al. (2022 Buccella, D., L. Fanti, and L. Gori. 2022. “Network Externalities, Product Compatibility and Process Innovation.” Economics of Innovation and New Technology, forthcoming. https://doi.org/10.1080/10438599.2022.2095513.[Taylor & Francis Online] , [Google Scholar]), Network externalities, product compatibility and process innovation
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Input additionality of R&D tax reliefs: results from a panel LP-IV approach Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-08-10 Marco Amendola
Policymakers are increasingly relying on R&D tax reliefs to boost R&D and, hopefully, the rate of innovation in the economy. Nevertheless, despite their growing popularity, the cost-effectiveness of these measures remains uncertain in existing literature, posing challenges to their critical evaluation. This paper addresses this issue by introducing a novel methodology to assess the input additionality
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The geographical component in firms’ perception of innovation barriers: the case of Ecuador Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-07-25 Juan Fernández-Sastre, Fernando Bruna
ABSTRACT This is the first study to analyse the contribution of context to firms’ perception of innovation barriers in a single country. Using the Ecuadorian Innovation Survey and multilevel logit models, we study whether the geographical location of Ecuadorian firms makes them more likely to assess three financial, five knowledge and two market barriers as relevant factors hindering their innovation
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Environmental technology licensing with multi-product competition in a vertically differentiated duopoly Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-07-20 Dongdong Li, Chenxuan Shang, Leonard F.S. Wang, Wei-Chiao Huang, Zhao-Yong Sun
ABSTRACT In many polluting industries, firms with high environmental quality (HEQ) products often license their new environmental technology to firms with low environmental quality (LEQ) products. After accepting the licensing arrangement, firms with LEQ products can produce both the HEQ and LEQ products and compete with the licensor. What type of licensing mode is optimal under such circumstance becomes
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Automation, labor share, and productivity: plant-level evidence from U.S. manufacturing Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-07-10 Emin Dinlersoz, Zoltan Wolf
ABSTRACT This paper provides direct evidence of automation's role in production using establishment-level data from the U.S. Census Bureau's Survey of Manufacturing Technology. The data indicate that more automated plants have lower production labor share and higher capital share, higher labor productivity, and a smaller fraction of workers in production who receive higher wages. To understand the
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The impact of R&D incentives and sectoral knowledge stocks on R&D outcomes Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-07-03 İpek Akad, Çağaçan Değer
ABSTRACT Given the importance of technological improvement for economic growth, policies are designed to enhance technological progress. A very common policy approach is to provide incentives to R&D (research and development) activities to improve the possibility of favorable outcomes. This study investigates the impact of R&D incentives on R&D outcomes measured in terms of patent applications and
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Are Robots, Software, ICT and physical capital related to productivity? A panel quantile approach Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-06-26 Derick Almeida, Tiago Neves Sequeira
ABSTRACT We study comparable elasticities of labor productivity on Robots, ICT, Non-ICT and Software for the whole conditional distribution of labor productivity through quantile regression analysis. When considering both country-industry fixed-effects and IV approaches, we obtain an increasing elasticity of labor productivity with respect to robot density across the main deciles of the labor productivity
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Licensing a product innovation in a duopoly Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-06-22 Manel Antelo, Lluís Bru
ABSTRACT This paper studies the licensing of a product innovation in a duopoly by means of two-part tariff contracts composed of fixed-fee payments combined with per-unit or ad-valorem royalties. When the licensor is a firm within the industry (internal licensor), it licenses the innovation to its competitor by using a pure ad-valorem royalty, and welfare is reduced because the royalty has anticompetitive
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Optimizing effects of firms’ technological and non-technological processes on export-led innovation Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-06-22 Olugbenga Michael Adewumi, Gudbrand Lien, Ørjan Mydland
ABSTRACT This study contributes to research by evaluating the optimizing effects of innovation approaches on export-led innovation to ascertain a more efficient outcome. It uses the probit model with binary endogenous regressors to test the effects on 4,049 firms’ observations in Norway (1,784 manufacturing and 2,265 service firms). Results reveal that as export-led innovation induces a superior firm's
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Effectiveness and efficiency of state aid for new broadband networks: evidence from OECD member states Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-06-15 Wolfgang Briglauer, Michał Grajek
ABSTRACT The deployment of new broadband networks (NBNs) based on fiber-optic transmission technologies promises high gains in terms of productivity and economic growth. It has attracted subsidies worth billions from governments worldwide through various state aid programs. Yet, such a program's effectiveness and efficiency still need to be studied. We employ panel data from 32 OECD countries from
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The ICT strategy of Italian museums: institutional, supply and demand side drivers Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-06-09 Marina Cavalieri, Livio Ferrante, Marco Martorana, Ilde Rizzo
ABSTRACT It is common wisdom that the diffusion of information and communication technology (ICT) in cultural institutions can influence their mission and activities, reshaping their role as producers and distributors of cultural content. Nevertheless, the extent of ICT facilities in European museums has been rather scarce, although recently it has grown faster in response to the new challenges brought
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The value of Indian patents: an empirical analysis using citation lags approach Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-04-28 Mohammad Danish, Ruchi Sharma
ABSTRACT Our study examines whether the growth in patenting activity in India, spurred by policy changes such as the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPs), is reflected in a corresponding increase in the ‘quality’ of Indian patents. To investigate this, we utilise 6,777 Indian patent data granted by the United States Patent and Trademark Office (USPTO), which were
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4.0 Technological transformations: heterogeneous effects on regional growth Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-04-25 Roberta Capello, Camilla Lenzi
ABSTRACT Technological transformations based on 4.0 technologies are a reality. Despite this, there are few studies on their growth-enhancing role at regional level. This paper aims to fill this gap. By conceptually unpacking the two main technological transformations taking place – Industry 4.0 and the digital service economy – and identifying empirically the regions where they prevail, the paper
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Monopolistic price-setting behavior of information technology firms Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-04-25 E. L. van ‘t Klooster, C. N. Teulings
ABSTRACT Markups, which are when prices are greater than the marginal cost of production, have increased in the USA over the last decades. Our paper explores the differences in markups between Information Technology (IT) and non-IT firms. By doing so, we contribute to the understanding of the role of the IT industry in the increase in markups. We extend to De Loecker, Eeckhout, and Unger (Citation2020)
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Is a firm's productivity level affected by its number and types of innovation cooperation partners? Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-04-10 Pål Børing, Michael Spjelkavik Mark
ABSTRACT We first examine the effect of having innovation cooperation arrangements on the productivity level among firms with innovation activities. Then, we examine whether a firm’s productivity level is affected by its number and types of innovation cooperation partners among those with innovation cooperation arrangements. Data on Norwegian firms with innovation activities is used. In the analysis
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Evolutionary game analysis on the diffusion of general purpose technologies with government multiple supports Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-04-10 Yuelong Zheng, Chunguang Bai, Lin Wang, Chunjia Han, Mu Yang, Anusha Pappu
ABSTRACT General purpose technologies (GPTs) are seen as engines of economic growth, which is achieved through diffusion in various application sectors. The diffusion of GPTs is the key to unleashing their potential value. However, the market and organisational failure of GPT diffusion are seen as hurdles to realise this potential. To address this issue, a single-group evolutionary game model was established
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Exuberance by design? Hyping cryptocurrencies markets through token underpricing Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-15 Leonardo L. Etro, Pier Luigi Sacco, Emiliano Sironi, Nicola Taccalite, Emanuele Teti
ABSTRACT We investigate potential factors influencing token after-market returns to explain the extreme levels of underpricing experienced in the cryptocurrencies market. This research analyses a sample of 300 tokens issued between September 2015 and May 2018, fully capturing the window of maximum ICO activity. The results confirm the presence of significant underpricing with an average of 180.66%
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The impact of biomedical innovation on the disability of elderly Medicare recipients, 2013–2019 Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-15 Frank R. Lichtenberg
We investigate the relationship across U.S. states between indicators of the growth in the quality of medical goods and services used by elderly Medicare enrollees and the growth or decline in thei...
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Obituary Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-13 Cristiano Antonelli
Published in Economics of Innovation and New Technology (Vol. 32, No. 4, 2023)
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The increase in the elasticity of substitution between capital and labour: a repeated cross-country investigation Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-08 Samuele Ialenti, Guido Pialli
ABSTRACT The economics literature emphasizes the importance of the elasticity of substitution between capital and labour in several economic contexts. However, analyses of the effect of the elasticity of substitution on the direction of technological change are often overlooked. Most assessments of the direction of technological change rely on a Constant Elasticity of Substitution (CES) production
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Will renewal fee reduction introduce low-quality patents? Evidence from patents endorsed LOR in the UK Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-07 Li-Ming Li, Chun-Yu Zhang, Ya-Feng Zhang
ABSTRACT Considering the trade-off between cost-saving and commitment to a non-exclusive license, we use a dataset of the patents endorsed license of right (LOR) in the UK from 2004 to 2022 and apply the propensity score matching (PSM) method to examine whether the LOR system’s renewal fee reduction will introduce low-quality patents. The results suggest that the renewal fee reduction leads to an increase
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How localised are knowledge spillovers? Evidence from microgeographic data on UK patent citations Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-07 Peter MacDonald, Sandra Selmanovic
We model the spatial characteristics of technological knowledge flows in the UK. Using a novel and highly accurate dataset of inventor locations, we test for localisation of knowledge spillovers in...
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Adopting sustainable irrigation technologies in Italy: a study on the determinants of inter- and intra-farm diffusion Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-03-02 A. Pronti, S. Auci, M. Mazzanti
This paper analyses the drivers for adopting irrigation systems with water conservation and saving technologies (WCSTs) by Italian farmers. The agricultural sector in Italy, like in other Mediterra...
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The role of information technology and workplace organization in firm productivity: evidence from Spanish firms Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-01-27 Alberto López
This paper explores the complementarity effect of information technology (IT) and workplace organization (WO) on firms’ productivity, but it also provides evidence of the differential effect of two...
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Effects of co-patenting across national boundaries on patent quality. An exploration in pharmaceuticals Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-01-17 Manuel Acosta, Daniel Coronado, Jennifer Medina
This paper explores three novel research questions. First, is an increase in the number of countries involved in ownership of a co-patent an effective way to enhance patent quality? Second, if the ...
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Mission-oriented R&D and growth of Japan 1988–2016: a comparison with private and public R&D Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-01-07 Thomas H. W. Ziesemer
We analyze the dynamic interaction of Japan’s total factor productivity (TFP), GDP, stocks of domestic and foreign private and public as well as mission-oriented R&D, called GBARD in OECD statistic...
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Cross-ownership on R&D and social welfare in mixed oligopoly Economics of Innovation and New Technology (IF 2.213) Pub Date : 2023-01-05 Mingqing Xing, Leonard F.S. Wang, Chan Zhou
We analyze the effects of cross-ownership between private firms (i.e. private cross-ownership) on R&D and social welfare in a mixed oligopoly in which a partially privatized public firm competes wi...
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The complementary effects of environmental policy and oil prices on innovation: evidence from OECD countries Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-25 Inês Carrilho-Nunes, Margarida Catalão-Lopes
This paper examines the single and the joint influence of environmental policy stringency and oil prices on green innovation, admitting the possibility of different magnitudes of the response of in...
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Innovation and skill premium Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-24 Luca Cattani, Giovanni Guidetti, Riccardo Leoncini
The relationship between innovation and skill premium is analysed on a panel of 12 countries for a 16-year span (2000–2015). According to a Schumpeterian view, a non-linear relationship between inn...
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Beyond productivity, does the adoption of agricultural technologies improve food consumption and reduce poverty? Empirical evidence from Benin Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-17 Gbêtondji Melaine Armel Nonvide
Beyond productivity, does the adoption of agricultural technologies improve food consumption and reduce poverty? To provide answers to this, the paper used data from the household survey on the Com...
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Firm performance and R&D cooperation: what matters? Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-15 Claudia Cantabene, Iacopo Grassi
In this paper we analyze whether R&D cooperation improves firms' performance, and which variables would boost R&D cooperation the most. We contribute to the literature linking two different branche...
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Precocious inventors: early patenting success and lifetime inventive performance Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-15 Theresa Michlbauer, Thomas Zwick
Precocious inventors have a higher inventive productivity during their remaining career. Inventors who have their first patent either applied for extraordinarily fast or a first patent of especiall...
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Taxation and innovation: evidence from Colombia Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-15 Sergio Pelaez, Bryan Hurtado, Javier Avila-Maecha
We use firm-level data from a Colombian manufacturing survey, complemented with data from the tax department, to test the effect of firms’ total tax and contribution rate (TCR) on the ratio of inno...
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Independent and major equity market and commodity return sources around the time of hydraulic fracking and horizontal drilling revolution: a differences-in-decompositions approach Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-04 Scott Alan Carson
Fracking and unconventional drilling have revolutionized international oil and natural gas production. Fracking increases the likelihood of well completion and decreases oil and gas equity and comm...
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Firm-level contributions to the R&D intensity distribution: evidence and policy implications Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-11-03 Sebastiano Cattaruzzo, Agustí Segarra-Blasco, Mercedes Teruel
This paper decomposes the Spanish aggregate R&D distribution to disentangle the contributions of R&D public financing, gazelle firms, and financial constraints. Applying the Chernozhukov, Fernández...
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Determinants of innovation novelty: evidence from Australian administrative data Economics of Innovation and New Technology (IF 2.213) Pub Date : 2022-10-20 Omer Majeed, Robert Breunig
Innovation is key for productivity growth and an important focus for policy in many countries. Innovation novelty, increasing from new-to-firm to new-to-world, is linked with firm growth and spillo...