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Industry-Science Connections in Agriculture: Do public science collaborations and knowledge flows contribute to firm-level agricultural research productivity? AgEcon
Toole, Andrew A.; King, John L..
Prior research identifies a direct positive link between the stock of public scientific knowledge and agricultural productivity; however, an indirect contribution to agricultural productivity is also possible when this stock facilitates private sector invention. This study examines how “connectedness” between the stock of public scientific knowledge and private firms influences firm-level research productivity. Bibliographic information identifies the nature and degree to which firms use public agricultural science through citations and collaborations on scientific papers. Fixed effects models show that greater citations and collaborations with university researchers are associated with greater agricultural research productivity.
Tipo: Conference Paper or Presentation Palavras-chave: Public science; Research productivity; Patents; Citations; Collaboration; R&D; Productivity Analysis; Research and Development/Tech Change/Emerging Technologies; Q16; O31.
Ano: 2011 URL: http://purl.umn.edu/103211
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Management of innovative activity under economic and financial changes AgEcon
Nazarova, Rano.
In modern conditions, one of the main tasks of innovative activity’s efficiency is to develop a new concept of innovative processes' management. The author discusses challenges and tasks of different parties of innovation management process – inventor and owner, consumer of innovation and producer, government as well.
Tipo: Journal Article Palavras-chave: Innovation management; Innovative activity; Innovative cycle; Research and Development/Tech Change/Emerging Technologies; O31; O32.
Ano: 2009 URL: http://purl.umn.edu/94529
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Crisis as a catalyst: the role of Schumpeterian innovation in the Lithuanian economy AgEcon
Giedraitis, Vincentas Rolandas; Rasteniene, Ausra.
What circumstances allow businesses to flourish in a stagnant world economy? We ask that question in our discussion of the uniquely favorable circumstances of the biotechnology sector in Lithuania. The purpose of this paper is to analyze Lithuania’s ability to expand its economy during a time of crisis, focusing on its unique ability to innovate in such sectors as biotechnology.
Tipo: Journal Article Palavras-chave: Schumpeter; Innovation; Kondratiev wave; Biotechnology; Business cluster theory; Financial Economics; International Development; Research and Development/Tech Change/Emerging Technologies; O31; O32.
Ano: 2009 URL: http://purl.umn.edu/94527
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Changing Productivity in U.S. Petroleum Exploration and Development AgEcon
Bohi, Douglas R..
This study analyzes sources of productivity change in petroleum exploration and development in the United States over the last ten years. There have been several major developments in the industry over the last decade that have led to dramatic reductions in the cost of finding and developing oil and natural gas resources. While some of the cost savings are organizational and institutional in nature, the most important changes are in the application of new technologies used to find and produce oil and gas: 3D seismology, horizontal drilling, and deepwater drilling. Not all the innovation is endogenous to the industry; some rests on outside advances (such as advances in high-speed computing that enabled 3D seismology), as well as learning-by-doing. The...
Tipo: Working or Discussion Paper Palavras-chave: Petroleum supply; Technical change; World oil market; Resource /Energy Economics and Policy; Q31; O31.
Ano: 1998 URL: http://purl.umn.edu/10902
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The Circulation of Ideas in Firms and Markets AgEcon
Hellman, Thomas; Enrico, Perotti.
Novel early stage ideas face uncertainty on the expertise needed to elaborate them, which creates a need to circulate them widely to find a match. Yet as information is not excludable, shared ideas may be stolen, reducing incentives to innovate. Still, in idea-rich environments inventors may share them without contractual protection. Idea density is enhanced by firms ensuring rewards to inventors, while their legal boundaries limit idea leakage. As firms limit idea circulation, the innovative environment involves a symbiotic interaction: firms incubate ideas and allow employees to leave if they cannot find an internal fit; markets allow for wide circulation of ideas until matched and completed; under certain circumstances ideas may be even developed in...
Tipo: Working or Discussion Paper Palavras-chave: Ideas; Innovation; Entrepreneurship; Firm Organization; Start-Ups; Industrial Organization; D83; L22; M13; O31.
Ano: 2010 URL: http://purl.umn.edu/60751
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The Induced Innovation Hypothesis and Energy-Saving Technological Change AgEcon
Newell, Richard G.; Jaffe, Adam B.; Stavins, Robert N..
We develop a methodology for testing Hick's induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) the rate of overall innovation was independent of energy prices and regulations, (ii) the direction of innovation was responsive to energy price changes for some products but not for others, (iii) energy price changes induced changes in the subset of technically feasible models that were offered for sale, (iv) this responsiveness increased substantially during the period after energy-efficiency product labeling was required, and (v) nonetheless, a sizeable portion of...
Tipo: Working or Discussion Paper Palavras-chave: Induced innovation; Energy efficiency; Technological change; Economic incentives; Regulation; Standards; Climate change; Resource /Energy Economics and Policy; L51; O31; O38; Q40; Q20; Q48.
Ano: 1998 URL: http://purl.umn.edu/10521
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Innovation, Productivity Growth, and the Survival of the U.S. Copper Industry AgEcon
Tilton, John E.; Landsberg, Hans H..
Mining is widely viewed as an old industry with mature and stable technologies. Companies and countries with the best deposits are the most productive and efficient producers. As these deposits are depleted, mining shifts to countries with the next best deposits. This tendency to exploit poorer quality ores tends to push productivity down and the prices of mineral commodities up over time. Copper mining in the United States, however, calls into question this conventional view. After leading the world in output for decades, the U.S. industry lost its ability to compete and suffered a major decline during the 1970s and early 1980s. In the face of predictions of complete collapse, it staged a remarkable revival, and today mines more copper than in 1970. A...
Tipo: Working or Discussion Paper Palavras-chave: Copper industry; Productivity; Technological change; Comparative advantage; Resource /Energy Economics and Policy; Q30; L72; O31; F14.
Ano: 1997 URL: http://purl.umn.edu/10534
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Evaluation of innovation activities of small and medium-sized businesses in Slovak Republic AgEcon
Sopkova, Eva; Kostiviarova, Silvia.
The aim of the presented paper is to contribute to the discussion on innovation activities of small and medium-sized businesses of the Slovak Republic and the European Union. It is based on the results of research carried out by the National Agency for the Development of Small and Medium Enterprises (NADSME), where the focus was on the innovation capacity of small and medium firms in Slovakia. And it was complemented by the results of an analysis of firms’ innovation activities in the Banská Bystrica region carried out within the project “Regional Innovation Strategy of the Banska Bystrica Region”.
Tipo: Journal Article Palavras-chave: Innovation; Innovation activities; Small and medium-sized businesses.; Research and Development/Tech Change/Emerging Technologies; O31; O32.
Ano: 2009 URL: http://purl.umn.edu/94565
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Patents, Spillovers, and Competition in Biotechnology AgEcon
Austin, David H..
I perform an event study on 600+ patents awarded primarily to 20 leading biotechnology firms and find significant changes in market values at the time of the awards. Adjusting for partial anticipation of events, I estimate that core technology patents in highly contested research areas are expected to generate between $13 and $21 million of economic value. They also generate spillover benefits for the patentee's rivals-presumably including knowledge transfers-valued at $3 to $6 million per firm. Awardees may appropriate only half of private benefits, although I observe negative spillovers for some high-profile awards. Most patents have no significant market impact.
Tipo: Working or Discussion Paper Palavras-chave: Innovation; Patent value; Spillover; Competition; Event study; Research and Development/Tech Change/Emerging Technologies; G14; O31; O34; L65.
Ano: 2000 URL: http://purl.umn.edu/10808
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Intellectual Property Rights and Their Impacts in Developing Countries: An Empirical Analysis of Maize Breeding in Mexico AgEcon
Leger, Andreanne.
There is little empirical evidence concerning the effects of intellectual property rights (IPR) on a technologically advanced developing country. Complete enumeration of the Mexican maize breeding industry showed that, contrary to the hypothesis that IPR would provide, in a technologically advanced developing country, incentives for R&D and innovation, IPR play no role for the industry in general, but that they are important for certain breeders' categories. The paper presents the theory on IPR and a short background on the Mexican maize breeding industry. The analysis of the interviews with maize breeders leads to the conclusion that the theory on IPR should be revised and take into account the characteristics of developing countries critical for the...
Tipo: Working or Discussion Paper Palavras-chave: Intellectual property rights; Developing Country; Empirical Evidence; Transaction costs; Mexico; Maize; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies; O34; Q16; O31; Q17.
Ano: 2005 URL: http://purl.umn.edu/18835
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BUSINESS FUNCTIONS APPROACH TO INNOVATIVE AND NON-INNOVATIVE BUSINESS COMPARISON IN LATVIA AgEcon
Hilkevics, Sergejs; Stefenberga, Dace.
State system of innovative business support was created in Latvia during last years and the first conclusions about the efficiency of this system can be made at present time. To evaluate the efficiency of innovative business support system it is necessary to compare in some way innovative and non-innovative companies. The main task of this article is to provide the frame for innovative and non-innovative business comparison and describe on the base of this frame the main differences between innovative and non-innovative companies in Latvia at present time. The main result of investigation is the conclusion that at present time innovative business has certain advantages for development in Latvia, especially in regions, because the main weak point of...
Tipo: Journal Article Palavras-chave: Innovative business; Business functions; Regional economic development; Public Economics; Research and Development/Tech Change/Emerging Technologies; O31; O32; R58.
Ano: 2010 URL: http://purl.umn.edu/92339
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Social Learning and Parameter Uncertainty in Irreversible Investment----Evidence from Greenhouse Adoption in Northern China AgEcon
Wang, Honglin; Reardon, Thomas.
This paper introduces social learning into irreversible investment theory through parameter uncertainty, and shows that social learning could reduce parameter uncertainty to facilitate irreversible investment technology adoption. The theoretic model is tested by using household level data from energy saving greenhouse adoption in northern China, and empirical evidences are consistent with the theory: social learning has significantly positive impacts on greenhouse adoption, while market volatility discourages the adoption.
Tipo: Conference Paper or Presentation Palavras-chave: Social Learning; Technology Adoption; Irreversible Investment; Parameter Uncertainty; Energy Saving Greenhouse; Environmental Economics and Policy; Research and Development/Tech Change/Emerging Technologies; O12; O31; C61; D83; G12.
Ano: 2008 URL: http://purl.umn.edu/6310
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Firm Heterogeneity, Contract Enforcement, and the Industry Dynamics of Offshoring AgEcon
Naghavi, Alireza; Ottaviano, Gianmarco I.P..
We develop an endogenous growth model to study the long run consequences of offshoring with firm heterogeneity and incomplete contracts. In so doing, we model offshoring as the geographical fragmentation of a firm’s production chain between a home upstream division and a foreign downstream one. On the positive side, we show that, when contracts are incomplete, the possibility of offshoring has favorable implications for economic growth. Yet, offshoring induced by a higher bargaining power of the upstream division can hamper growth: while there is always a positive correlation between upstream bargaining weight and offshoring activities, there is a non-monotonic relationship between these and growth. Whether offshoring with incomplete contracts also...
Tipo: Working or Discussion Paper Palavras-chave: Offshoring; Heterogeneous Firms; Incomplete Contracts; Growth; Industry Dynamics; Industrial Organization; D23; F23; L23; O31; O43.
Ano: 2009 URL: http://purl.umn.edu/52542
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UNIVERSITY-INDUSTRY RELATIONSHIPS AND THE DESIGN OF BIOTECHNOLOGY RESEARCH AgEcon
Yang, Hui; Buccola, Steven T..
The central objective of the present paper is to examine how university bioscientists select their research agendas, with special attention to biotechnology firms' influence on those agendas. Among other issues, we will assess UIRs' potential effects on the private appropriability of the characteristics of bioengineered crop and animal varieties, and on the basicness and breadth of a scientist's research. Factors that potentially would affect scientists' research agenda include the university's size, reputation, resources, culture, and total government funding; the scientist's academic position and communication network; and the market power, cultures, and specialties of the biotech firms with which the university has research relationships. An...
Tipo: Conference Paper or Presentation Palavras-chave: Research and Development/Tech Change/Emerging Technologies; O31; O32; O33.
Ano: 2003 URL: http://purl.umn.edu/21985
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The Optimal Climate Policy Portfolio when Knowledge Spills Across Sectors AgEcon
Massetti, Emanuele; Nicita, Lea.
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy sector, we show that the combination between environmental and knowledge externalities provides a strong rationale for implementing a portfolio of policies for both emissions reduction and the internalisation of knowledge externalities. Moreover, we show that implementing technology policy as a substitute for stabilisation policy is likely to increase global emissions.
Tipo: Working or Discussion Paper Palavras-chave: Technical Change; Climate Change; Development; Innovation; Spillovers; Environmental Economics and Policy; C72; H23; Q25; Q28; O31; O41; Q54.
Ano: 2010 URL: http://purl.umn.edu/92912
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The Forest Sector: Important Innovations AgEcon
Sedjo, Roger A..
Unlike other resources such as petroleum, coal, and copper, forests are renewable. Yet, in many respects forests historically have been treated as a nonrenewable resource in that forest stocks were depleted or "mined" and loggers moved on to exploit other "deposits." The lands were often put to other uses, typically agricultural, or allowed to regenerate naturally. This paper looks at technical change in forest extraction, i.e., logging under a number of different conditions. It finds that, on average, labor productivity has been increasing in recent decades. However, total factor productivity in the US has declined in recent years. In addition, the study examines the tree-growing potential of plantation forestry. It finds that there is underway a...
Tipo: Working or Discussion Paper Palavras-chave: Productivity; Resources; Forests; Timber; Technology; Innovations; Plantations; Logging; Genetics; Extraction; Resource /Energy Economics and Policy; O31; O32; O50; O51; Q23.
Ano: 1997 URL: http://purl.umn.edu/10667
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R&D Collaboration Networks in Mixed Oligopoly AgEcon
Zikos, Vasileios.
We develop a model of endogenous network formation in order to examine the incentives for R&D collaboration in a mixed oligopoly. Our analysis reveals that the complete network, where each firm collaborates with all others, is uniquely stable, industry-profit maximizing and efficient. This result is in contrast with earlier contributions in private oligopoly where under strong market rivalry a conflict between stable and efficient networks is likely to occur. A key finding of the paper is that state-owned enterprises may be used as policy instruments in tackling the potential conflict between individual and collective incentives for R&D collaboration.
Tipo: Working or Discussion Paper Palavras-chave: Networks; R&D Collaboration; Mixed Oligopoly; Research and Development/Tech Change/Emerging Technologies; C70; L13; L20; L31; L32; O31; D85.
Ano: 2008 URL: http://purl.umn.edu/6228
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Model, Model on the Screen, What's the Cost of Going Green? AgEcon
Dowlatabadi, Hadi; Boyd, David R.; MacDonald, Jamie.
How much a policy is expected to cost and who bears the brunt of that cost play a significant role in the debates that shape regulations. We do not have a good track record of predicting costs and their ultimate distribution, but systematic reviews of past assessments have identified some of the factors that lead to errors. A wide range of expected costs of climate policy have been hotly debated, but all are likely to be wrong. This does not mean that we should continue a debate using ill-informed analyses. On the contrary, we need early small experiments to shed light on key unknowns. Environmental stewardship is a long-term challenge and an adaptive regulatory approach promises to inform policy targets and improve controls through sequential regulatory...
Tipo: Working or Discussion Paper Palavras-chave: Cost estimation; Climate policy; Modeling; Adaptive management; Environmental Economics and Policy; D21; D82; D83; F13; O31.
Ano: 2004 URL: http://purl.umn.edu/10806
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An Outlook for the Biofuels Industry in the Southern United States AgEcon
Crooks, Anthony C.; Dunn, John R..
Two seemingly unrelated topics are discussed- an outlook for biofuels in the southern United States, along with an overview of the important role that information technology is playing in the fuel ethanol industry. The outlook discussion is limited to issues involving the two principal biofuels, fuel ethanol and biodiesel, and their respective feed stocks, corn and soybean oil. The two topics are linked with a description of how information technology (IT) has enabled the development of the fuel ethanol franchise and a discussion of how IT is changing the very nature of biofuel operations.
Tipo: Journal Article Palavras-chave: Biodiesel; Biofuels; Fuel ethanol; Fuel ethanol franchise; Information technology; IT; Resource /Energy Economics and Policy; O14; O31; Q12; Q13; Q16.
Ano: 2006 URL: http://purl.umn.edu/43771
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Emerging markets and innovation: A partnership for global progress AgEcon
Sara, Tejinder; Hall Jackson, Faye.
The purpose of this paper is to briefly discuss the role innovation plays in global competition and discuss how companies from some of the emerging markets are using innovation to compete with global companies from the developed world. Innovation is linked to the marketing concept as a driver for developing new products, services, and/or delivery systems. As global borders disappear, and training and education along with trade freedom increase, the opportunity for innovation increases. This writing offers a forward look into the global possibilities of emerging market innovation.
Tipo: Journal Article Palavras-chave: Innovation; Global competition; Innovation firms.; International Development; Research and Development/Tech Change/Emerging Technologies; D21; F23; M16; O31.
Ano: 2010 URL: http://purl.umn.edu/95945
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