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  • Articles  (8)
  • innovation  (8)
  • Springer  (8)
  • American Geophysical Union (AGU)
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  • Oxford University Press
  • 2000-2004  (8)
  • 1980-1984
  • 1935-1939
  • Economics  (8)
  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Journal of risk and uncertainty 21 (2000), S. 73-94 
    ISSN: 1573-0476
    Keywords: environmental regulation ; productivity ; innovation
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper reports an experimental test of the Porter Hypothesis that environmental regulations create innovation offsets that would not otherwise be undertaken. Using a process analysis framework to consistently account for non-separabilities in production and pollution abatement practices, the findings suggest productivity gains can appear to be greater with environmental regulations than without even though they are not. This result which would seem to support the Porter argument, is the result of inadequacies in the methods used to decompose the influences to productivity change. Thus, the experiments offer one explanation for why it has been difficult in practice to reject the hypothesis.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Journal of management & governance 4 (2000), S. 239-263 
    ISSN: 1572-963X
    Keywords: auto-correlation models ; innovation ; networks ; product development ; strategic interaction
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract In this paper I approach the analysis of innovation activities as relational processes first deriving the econometric specification of an endogenous model of network effect on individual outcome, and then using data on innovation projects to empirically test the impact on actors' performance of relational activities in new product development. A complete relational set of inter-unit relationships in 173 new product development projects among 24 R&D units of a profit oriented R&D organization is analyzed using mixed regressive-autoregressive models. Results show the importance of a network effects on unit's performance, after controlling for unit's attributional characteristics. The magnitude and directionality of these effects are sensitive to project characteristics, but not to the directionality of the ties. Implications for theory and research in innovation management are discussed by elaborating on the importance of the content of the ties to assess the impact of relational activities, and to examine client (i.e. ties sent) and server (i.e. ties received) relational options as complementary aspects of interaction strategies.
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Springer
    Journal of economics 71 (2000), S. 281-304 
    ISSN: 1617-7134
    Keywords: knowledge sharing ; research joint venture ; merger ; innovation ; L13 ; D43 ; O33
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract The paper analyzes, in a model of quantity-setting three firms, the interaction between cooperation decisions at the R&D stage and merger decisions at the production stage. We assume that only two of the three firms are capable of doing cost-reducing research. Two types of cooperative research, viz., the knowledge-sharing agreement and research joint venture are considered. Cost reduction in the case of a successful research joint venture is larger compared to knowledge sharing or independent research, due to possible synergies. We show that allowing mergers can change the organization of the R&D process, and admitting cooperative research can affect the occurrence and nature of mergers at the production stage.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Springer
    Review of industrial organization 16 (2000), S. 13-38 
    ISSN: 1573-7160
    Keywords: Appropriability ; automobile industry ; buyer market power ; innovation
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This empirical paper deals with the effects of supplier and buyer market concentration on the innovative behavior of suppliers within the German automobile industry. The data set contains firms from all size classes and covers measures of innovation input as well as innovation output. It can be shown that (a) firms' innovation and R & D-employment intensity will decline (increase) in buyer concentrations if supplier markets are low (high) concentrated; (b) buyers' pressure on input prices reduces suppliers' innovation expenditures and their incentive to develop new products; (c) a small number of competitors in suppliers markets and a large stock of customers stimulates innovative behavior; (d) small and medium sized suppliers invest more in their innovative activities but have less probability of realizing innovations than larger firms; and (e) higher technological capabilities lead to higher innovation input and output.
    Type of Medium: Electronic Resource
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  • 5
    Electronic Resource
    Electronic Resource
    Springer
    Journal of economic growth 5 (2000), S. 185-206 
    ISSN: 1573-7020
    Keywords: innovation ; growth ; inequality ; hierarchic demand ; multiple equilibria
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This article analyzes the impactof inequality on growth when consumers have hierarchic preferencesand technical progress is driven by innovations. With hierarchicpreferences, the poor consume predominantly basic goods, whereasthe rich consume also luxury goods. Inequality has an impacton growth because it affects the level and the dynamics of aninnovator's demand. It is shown that redistribution from veryrich to very poor consumers can be beneficial for growth. Ingeneral, the growth effect depends on the nature of redistribution.Due to a demand externality from R&D activities, multipleequilibria are possible.
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  • 6
    Electronic Resource
    Electronic Resource
    Springer
    Open economies review 11 (2000), S. 149-175 
    ISSN: 1573-708X
    Keywords: derivatives ; interest rates ; innovation ; monetary aggregates ; monetary policy ; international money
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Financial derivatives are products whose price is linked with that of an underlying asset. The relationship between these two prices has been studied in depth, and the following conclusions have been reached: (1) the volatility of underlying asset's price decreases after the introduction of derivatives, (2) the price discovery effect improves, (3) the liquidity of the underlying asset's market increases, (4) the bid-ask spread decreases together, and (5) the noise component of prices decreases. Those results are microeconomic and are not coherent with a macroeconomic analysis of derivatives. Derivatives tend to change the effectiveness of monetary policy actions by modifying the instruments that can be used. Derivatives have a monetary nature that has not been yet recognized by central banks and international organizations such as the International Monetary Fund and the Bank for International Settlements. This monetary nature can be evident by testing the relationship between derivatives and the interest rate. The consciousness of the monetary nature of derivatives would impose the quantification of transactions at least by the institutions that hold them, such as banks and other financial operators, and consequently by national authorities.
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  • 7
    Electronic Resource
    Electronic Resource
    Springer
    Journal of business ethics 25 (2000), S. 313-328 
    ISSN: 1573-0697
    Keywords: commitment ; ethical climate ; innovation ; stakeholder theory ; trust
    Source: Springer Online Journal Archives 1860-2000
    Topics: Philosophy , Economics
    Notes: Abstract Recently, Hosmer (1994a) proposed a model linking “right,” “just,” and “fair” treatment of extended stakeholders with trust and innovation in organizations. The current study tests this model by using Victor and Cullen's (1988) ethical work climate instrument to measure the perceptions of the “right,” “just,” and “fair” treatment of employee stakeholders.In addition, this study extends Hosmer's model to include the effect of “right,” “just”, and “fair” treatment on employee communication, also believed to be an underlying dynamic of trust. More specifically, the current study used a survey of 111 managers to test (1) whether “right,” “just,” and “fair” treatment influences trust, both directly as well as indirectly via communication, and (2) whether trust influences perceptions of commitment and innovation. Strong support for the study's hypotheses and Hosmer's (1994a) model was found. Such findings support those who argue that moral management may be good management.
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  • 8
    Electronic Resource
    Electronic Resource
    Springer
    Environmental and resource economics 16 (2000), S. 161-183 
    ISSN: 1573-1502
    Keywords: climatic change ; innovation ; irreversibility ; options ; stock externality
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering , Economics
    Notes: Abstract We investigate how emission abatement and technological innovation provide different solutions to reduce pollutant emissions. In the case of a stock externality emission abatement leads to a smooth and continuous adjustment of emissions. Conversely, technological innovation has to be interpreted as an option on a less polluted environment and can justify the use of a pollution threshold above which it is optimal to start a research and development programme for a less polluting technology. It is shown that technological innovation interferes with the traditional emission abatement approach. The optimal abatement level is logically lowered once the less polluting technology is available; nevertheless a temporary increase in emissions is optimal during the research and development period. The usual Pigouvian tax system proves to remain an efficient corrective instrument. A numerical application to the Greenhouse effect is provided.
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