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on Knowledge Management and Knowledge Economy |
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Issue of 2009‒03‒22
six papers chosen by Laura Stefanescu European Research Centre of Managerial Studies in Business Administration |
| By: | Mário A. P. M. Silva (Faculdade de Economia, Universidade do Porto) |
| Abstract: | The present model is essentially Romer’s (1990) model of endogenous growth with intertemporal knowledge externalities, augmented with contemporaneous knowledge externalities to give a richer explanation of the growth process. Both types of knowledge spillovers seem essential to capturing the features of knowledge in a model of growth. Introducing synchronic complementarities and knowledge externalities across inventive firms immediately creates the possibility of multiple equilibria and threshold effects in the present model. Another advantage of this theoretical formulation is that it allows for an analysis of the effects on steady-state growth of a variety of technology policies relying on changing knowledge complementarities parameters. |
| Keywords: | Endogenous growth, innovation, knowledge complementarities, knowledge externalities, general equilibrium |
| Date: | 2009–03 |
| URL: | http://d.repec.org/n?u=RePEc:por:fepwps:315&r=knm |
| By: | Albert Link; Christopher Ruhm |
| Abstract: | This paper focuses on the innovative actions of entrepreneurs, namely their tendency to reveal the intellectual capital that results from their research efforts either in the form of public knowledge (publications) or private knowledge (patents). Using data collected by the National Research Council within the U.S. National Academies from their survey of firm’s that received National Institutes of Health Phase II Small Business Innovation Research awards between 1992 and 2001, we find that entrepreneurs with academic backgrounds are more likely to publish their intellectual capital compared to entrepreneurs with business backgrounds, who are more likely to patent their intellectual capital. We also find that when universities are research partners, their presence complements the tendencies of academic entrepreneurs but does not offset those of business entrepreneurs. |
| JEL: | M14 O31 |
| Date: | 2009–03 |
| URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:14797&r=knm |
| By: | Sunil Mani |
| Abstract: | The paper takes a critical look at the available quantitative evidence on the growth of knowledge-intensive entrepreneurship. It then looks at five facilitating factors for the emergence of this phenomenon in terms of the existence of increased market opportunities, availability of financial support schemes in the form of venture capital funds, existence and enlargement of a number of government programmes, a number of private sector initiatives and education and training leading to the supply of technically trained personnel. The paper concludes with certain policy suggestions for the continued sustenance of this activity. [ WP 409] |
| Keywords: | India, knowledge-intensive entrepreneurship, knowledge |
| Date: | 2009 |
| URL: | http://d.repec.org/n?u=RePEc:ess:wpaper:id:1877&r=knm |
| By: | Jos Jansen (Max Planck Institute for Research on Collective Goods) |
| Abstract: | The imperfect appropriability of revenues from innovation affects the incentives of firms to invest, and to disclose information about their innovative productivity. It creates a free-rider effect in the competition for the innovation that countervails the familiar business-stealing effect. Moreover, it affects the disclosure incentives such that full disclosure emerges for extreme revenue spillovers (e.g., full protection and no protection of intellectual property), but either partial disclosure or full concealment emerges for intermediate spillovers. I analyze the implications of imperfect appropriability and strategic disclosure for the firms.profits and the probability of innovation. |
| Keywords: | R&D competition, innovation, spillovers, information disclosure, strategic substitutes, free-rider effect, externality |
| JEL: | D82 D83 L23 O31 O32 |
| Date: | 2009–02 |
| URL: | http://d.repec.org/n?u=RePEc:mpg:wpaper:2009_06&r=knm |
| By: | Maria Victoria Aviles; Jose Cuesta |
| Abstract: | This paper explores how different levels of knowledge correlate with desirable preventive and curative practices against malaria in Honduras. The paper additionally analyzes “information externalities” associated with non-specific malaria health services, communicational campaigns and organized community networks. Using the 2004 ENSEMAH survey, the analysis tests for statistical differences in the means of behavioral variables and an index of household malaria knowledge, finding that the adoption of desirable prevention and treatment behaviors correlates with proficient levels of knowledge. Differences in behavior across groups with distinctive levels of proficiency were found statistically significant. Also, while information externalities exist, they nonetheless do not deliver adequate levels of knowledge proficiency to induce desirable anti-malaria behavior. |
| Keywords: | Malaria, Information, Externalities, Honduras |
| JEL: | D19 H49 H75 I19 |
| Date: | 2009–02 |
| URL: | http://d.repec.org/n?u=RePEc:idb:wpaper:4617&r=knm |
| By: | Färnstrand Damsgaard, Erika (Research Institute of Industrial Economics (IFN)) |
| Abstract: | This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent scope affects an entrant firm's technology choice and thereby creates a trade-off between R&D investments and wasteful duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the incumbent’s profit increase from innovation is large and the patented technology has a small advantage over the alternative technology. However, when the model is extended to Stackelberg competition or licensing, the benefit of a broad patent scope to a large extent disappears. |
| Keywords: | Innovation; Patents; Patent policy; Licensing |
| JEL: | K20 L51 |
| Date: | 2009–03–03 |
| URL: | http://d.repec.org/n?u=RePEc:hhs:iuiwop:0792&r=knm |