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Registros recuperados: 59 | |
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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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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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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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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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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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Registros recuperados: 59 | |
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