Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between “dirty” (internal combustion engine) and “clean” (e.g. electric and hybrid) patents across 80 countries over several decades. We show that firms tend to innovate relatively more in clean technologies when they face higher tax-inclusive fuel pr...

today, the focus of coherent regional and transregional markets is an increasing tendency for the exchange of goods and services that are based on modern scientific technology. thus, the use and application of knowledge and standards harmonization of domestic products with favorable global production should be considered as a priority and requirements among the economic policies of export devel...

Innovation and the Determinants of Firm Survival * While many firms compete through the development of new technologies and products, it is well known that new-to-the-world innovation is inherently risky and therefore may increase the probability of firm death. However, many existing studies consistently find a negative association between innovative activity and firm death. We argue that this ...

The Adoption and Diffusion of Organizational Innovation: Evidence for the U.S. Economy Using a unique longitudinal representative survey of both manufacturing and nonmanufacturing businesses in the United States during the 1990’s, I examine the incidence and intensity of organizational innovation and the factors associated with investments in organizational innovation. Past profits tend to be p...

The paper proposes an Euler equation technique for analyzing the stability of differentiable stochastic programs. The main innovation is to use marginal reward directly as a Foster–Lyapunov function. This allows us to extend known stability results for stochastic optimal growth models, both weakening hypotheses and strengthening conclusions. JEL classification: C61; C62; O41

This paper looks at the link between inter-regional mobility, innovation and firms’ behavioural heterogeneity in their reliance on localised external sources of knowledge. By linking patent data (capturing inventors’ inter-regional mobility) with firm-level data (providing information on firms’ innovation inputs and behaviour) a robust identification strategy makes it possible to shed new light...

The role of geographically mediated knowledge externalities in regional innovation systems has become a major issue in research policy. Although the process of innovation is a crucial aspect of economic growth, the problem of measuring innovation has not yet been completely resolved. A central problem involved in such analysis is the measurement of economically useful new knowledge. In the U. S...

One in four U.S. high-tech firms are led by CEOs with hands-on innovation experience as inventors. We show that these “Inventor CEOs” stimulate higher quality firm-level innovation, especially when they have a personal history of high-impact patents. A CEO’s technology-class specific inventor experience also predicts the technology classes in which a firm has its greatest innovation success. Ut...

N owadays, innovation considered as the most important factor, which can affect economic growth extraordinary. Therefore, investigating the effect of variables affecting innovation has priority. In this study, we try to investigate 1) the natural resource curse hypothesis and 2) the effect of institutional quality on the way in which natural resources affects innovation. To investiga...

This paper reviews the role of standardization and standards for the various phases of the innovation process ranging from the supply side, i.e. research, to the demand side, i.e. public procurement. In addition, the interrelation between standards and intellectual property rights, especially patents, is addressed. So far, standards have only rarely been considered in policy programmes to promo...