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Innovation As A Driving Force For Development Economy Of The Country, S. Zakirova
Innovation As A Driving Force For Development Economy Of The Country, S. Zakirova
International Relations: Politics, Economics, Law
For the economy of Uzbekistan at the present stage, it is important to form a socio-economic system in which innovation should play a dominant role as a factor that ensures higher competitive advantages. To conduct a comparative assessment of the innovation activity of different countries, the well-known global innovation index (GII) is used. According to the index, the country's innovativeness is estimated as the ratio of expenditures on innovation in a wide context (institutions, human capital, science, infrastructure, development of the domestic market, state of business) and achieved practical results (development of technology and knowledge economy, creative results ), which …
Innovation, Firm Size Distribution, And Gains From Trade, Yi-Fan Chen, Wen-Tai Hsu, Shin-Kun Peng
Innovation, Firm Size Distribution, And Gains From Trade, Yi-Fan Chen, Wen-Tai Hsu, Shin-Kun Peng
Research Collection School Of Economics
We study a trade model with monopolistic competition a la Melitz (2003) that is standard except that firm heterogeneity is endogenously determined by firms innovating to enhance their productivities. We show that the equilibrium productivity and firm-size distributions exhibit power-law tails under rather general conditions on demand and technology. In particular, the emergence of the power laws is essentially independent of the underlying primitive heterogeneity among firms. We investigate the model’s welfare implications, and conduct a quantitative analysis of welfare gains from trade. We find that, conditional on the same trade elasticity and values of the common parameters, our model …
Parallel Worlds: Comparing Rural Development To Development In Global Communities, Jena Martin, Karon Powell
Parallel Worlds: Comparing Rural Development To Development In Global Communities, Jena Martin, Karon Powell
West Virginia Law Review
No abstract provided.
Democratizing Innovation: How Consumer Electronics Is Revolutionizing Rocketscience, Abhith Pallegar
Democratizing Innovation: How Consumer Electronics Is Revolutionizing Rocketscience, Abhith Pallegar
International Review of Business and Economics
The traditional flow of cutting-edge technologies observed over the last 100 years was from government supported defense space to its broader application in the civilian domain. We have seen technology flow into consumer products years after its introduction in defense applications. Most common examples of this movement were the invention and incubation of the Internet and Global Positioning System in prestigious national labs, which later trickled down to benefit millions. But there seems to be a shift in the tide of innovation where consumer market has been influential in developing a range of technologies which have flown the other way …
Propensity To Patent And Firm Size For Small R&D-Intensive Firms, Albert N. Link, John T. Scott
Propensity To Patent And Firm Size For Small R&D-Intensive Firms, Albert N. Link, John T. Scott
Dartmouth Scholarship
The Schumpeterian hypothesis about the effect of firm size on research and development (R&D) output is studied for a sample of R&D projects for R&D-intensive firms that are small but have substantial variance in their sizes. Across the distribution of firm sizes, the elasticity of patenting with respect to R&D ranged from 0.41 to 0.55, with the elasticities being largest for intermediate levels of firm size and also varying directly with the extent to which the projects are Schumpeterian in the cost or value senses. The paper’s findings at the R&D project level are compared with the literature’s findings at …
Essays On Merger And Innovation, Gusang Kang
Essays On Merger And Innovation, Gusang Kang
Legacy Theses & Dissertations (2009 - 2024)
This dissertation focuses mainly on drivers of merger partner choice and effects on post-merger outcomes. In the first chapter, we examine the role of technology and product market similarities in value creation in mergers. Estimating a structural model of two-sided matching between acquirers and targets with transferable utility, we find that mergers between firms with similar technologies and product markets create values. In other words, firms prefer to choose other firms with similar technologies and product markets as their merger partner. We also find that mergers between firms with similar technologies create value through the channel of increasing innovation quantity …
Antitrust And The Design Of Production, Herbert J. Hovenkamp
Antitrust And The Design Of Production, Herbert J. Hovenkamp
All Faculty Scholarship
Both economics and antitrust policy have traditionally distinguished “production” from “distribution.” The former is concerned with how products are designed and built, the latter with how they are placed into the hands of consumers. Nothing in the language of the antitrust laws suggests much concern with production as such. Although courts do not view it that way, even per se unlawful naked price fixing among rivals is a restraint on distribution rather than production. Naked price fixing assumes a product that has already been designed and built, and the important cartel decision is what should be each firm’s output, or …