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- Andersson, Martin, et al.
(författare)
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Technology Specialization and the Magnitude and Quality of Exports
- 2008
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Ingår i: Economics of Innovation and New Technology. - : Informa UK Limited. - 1043-8599 .- 1476-8364. ; 17:4, s. 355-375
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Tidskriftsartikel (refereegranskat)abstract
- This paper examines howtechnologyspecialization, measured by citation-weighed patents, affects trade flows. The paper analyzes the relationship between (i)technologyspecializationandexportspecializationacross regions and (ii) thetechnologyspecializationof origin and destination and thequalityofexportflows. We find that theexportspecializationof regions corresponds to theirtechnologyspecialization. Regions with highertechnologyspecializationexportproducts of higherquality, as indicated by higher prices. Moreover,exportflows to destination countries with a hightechnologyspecializationconsist of products of higherqualityin the specifictechnology. The results are consistent with knowledge andtechnologybeing important forexportperformance and with regions with higherspecializationin atechnologybeing better equipped to produce high-qualityproducts. They are also consistent with destinations of highertechnologyspecialization, having a more pronounced demand for products of higherqualityin the sametechnology.
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- Batabyal, Amitrajeet A. A., et al.
(författare)
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Creative capital, information and communication technologies, and economic growth in smart cities
- 2019
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Ingår i: Economics of Innovation and New Technology. - : ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD. - 1043-8599 .- 1476-8364. ; 28:2, s. 142-155
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Tidskriftsartikel (refereegranskat)abstract
- We study aspects of economic growth in a stylized smart city with two distinct features. First, the modeled inhabitants of this city are smart because they possess skills. Using the language of Richard Florida, these inhabitants comprise the city's creative class and hence they possess creative capital. Second, the city is smart because it uses information and communication technologies (ICTs) and we model one specific kind of ICT use. In this setting, we first derive expressions for three growth related metrics. Second, we use these metrics to show that the economy of smart city A converges to a balanced growth path (BGP). Third, we compute the growth rate of output per effective creative capital unit on this BGP. Fourth, we study how heterogeneity in initial conditions affects outcomes on the BGP by introducing a second smart city B into the analysis. At time t = 0 two key savings rates in city A are twice as large as in city B. We compute the ratio of the BGP value of income per effective creative capital unit in city A to its value in city B. Finally, we compute the ratio of the BGP value of skills per effective creative capital unit in city A to its value in city B.
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- Baum, Christopher, et al.
(författare)
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A new approach to estimation of the R&D–innovation–productivity relationship
- 2017
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Ingår i: Economics of Innovation and New Technology. - England : Informa UK Limited. - 1043-8599 .- 1476-8364. ; 26:1-2, s. 121-133
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Tidskriftsartikel (refereegranskat)abstract
- We apply a generalized structural equation model approach to the estimation of the relationship between R&D, innovation and productivity that focuses on the potentially crucial heterogeneity across sectors. The model accounts for selectivity and handles the endogeneity of this relationship in a recursive framework which allows for feedback effects from productivity to future R&D investment. Our approach enables the estimation of the different equations as one system, allowing the coefficients to differ across sectors, and also permits us to take cross-equation correlation of the errors into account. Employing a panel of Swedish manufacturing and service firms observed in three consecutive Community Innovation Surveys in the period 2008–2012, our full-information maximum likelihood estimates show that many key channels of influence among the model's components vary meaningfully in their statistical significance and magnitude across six different sectors based on the OECD classification on technological and knowledge intensity. These results cast doubt on earlier research which does not allow for sectoral heterogeneity.
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- Bohlin, Erik, et al.
(författare)
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Editorial : Innovation In The Telecommunications Industry
- 2001
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Ingår i: Economics of innovation and new technology. - : OPA (Overseas Publishers Association). - 1476-8364 .- 1043-8599. ; 10:2-3, s. 73-87
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Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- This paper presents an overview of issues for future research. as identified by the papers appearing in the Special Issue on Innovation in Telecommunications. To this end. we elaborate upon the emergence of a new innovation regime in telecommunications, discuss the performance and sustainability of this new innovation regime, and reflect upon institutional choices for the regime and accompanying policy options. Further research on innovation in telecommunications is advocated, taking up a broad range of issues, including long-term industrial evolution and sustainability concerns in a wide sense.
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- Brehm, Stefan, et al.
(författare)
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University–industry linkages and absorptive capacity: an empirical analysis of China's manufacturing industry
- 2012
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Ingår i: Economics of Innovation and New Technology. - : Informa UK Limited. - 1043-8599 .- 1476-8364. ; 21:8, s. 837-852
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Tidskriftsartikel (refereegranskat)abstract
- We analyze the contribution of universities to innovative performance in China’s manufacturing sector. Our empirical analysis is based on a matched dataset comprising about 20 000 large and medium sized companies aggregated at the three-digit industry level and information on university knowledge output for 31 provinces between 1998 and 2004. We show that universities’ impact on commercial innovation varies with the type of activity performed and is contingent on the manufacturing sector’s investment in absorptive capacity. In addition, our results confirm organizational theory stating that there is a complementary relationship between capabilities to acquire and assimilate external knowledge on the one hand and the capacity to transform and exploit this knowledge on the other.
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- Grafström, Jonas, 1985-
(författare)
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International knowledge spillovers in the wind power industry: evidence from the European Union
- 2018
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Ingår i: Economics of Innovation and New Technology. - : Routledge. - 1043-8599 .- 1476-8364. ; 27:3, s. 205-224
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Tidskriftsartikel (refereegranskat)abstract
- The purpose of this paper is to analyze the presence of international knowledge spillovers in the wind power sector. Specifically, the paper investigates whether successful invention efforts in one country, measured by way of granted wind power patent counts, have had positive effects on the neighboring countries’ abilities to generate patents of the same category. Data on the number of patents granted at the European Patent Office during the period 1978-2008 are used for the eight national technological leaders in the western European wind power sector. The few comprehensive wind power studies that exist have only found limited evidence of international knowledge spillovers. However, in this paper we find that international spillovers are statistically significant determinants of a country’s wind power patenting outcomes. Geographical distance is also taken into consideration, and the knowledge spillover effects are shown to become stronger with decreases in this distance. The results should have important policy implications, e.g., for a national government when it comes to applying an investment strategy in wind power or, alternatively, free-riding on other countries’ invention efforts.
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- Grönqvist, Erik, et al.
(författare)
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Incentives for clinical trials
- 2009
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Ingår i: Economics of Innovation and New Technology. - : Routledge. - 1043-8599 .- 1476-8364. ; 18:5, s. 513-531
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Tidskriftsartikel (refereegranskat)abstract
- It is often argued that drug companies do not wish to carry out post-approval head-to-head clinical trials, since their drugs may be revealed as being no better than existing drugs. However, we show that standard models for vertical differentiation predicts that pharmaceutical companies would in fact benefit from carrying out voluntary post-approval clinical trials: the elimination of quality uncertainty increases expected product differentiation, thereby raising prices for both high-quality and low-quality drugs. It is, however, to the disadvantage of consumers that trials are carried out. By extending the analysis to the case when prices cannot be raised, once the drug has been introduced on the market, we incorporate a prevalent feature of US and European markets. When prices cannot be raised, the entrant drug firm producing the new drug, no longer has incentives to carry out post-approval clinical trials.
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