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on Technology and Industrial Dynamics |
| By: | V.V. Chari; Mikhail Golosov; Aleh Tsyviski |
| Abstract: | Innovative activities have public good characteristics in the sense that the cost of producing the innovation is high compared to the cost of producing subsequent units. Moreover, knowledge of how to produce subsequent units is widely known once the innovation has occurred and is, therefore, non-rivalrous. The main question of this paper is whether mechanisms can be found which exploit market information to provide appropriate incentives for innovation. The ability of the mechanism designer to exploit such information depends crucially on the ability of the innovator to manipulate market signals. We show that if the innovator cannot manipulate market signals, then the efficient levels of innovation can be implemented without deadweight losses - for example, by using appropriately designed prizes. If the innovator can use bribes, buybacks, or other ways of manipulating market signals, patents are necessary. |
| Keywords: | Public goods ; Patents |
| Date: | 2009 |
| URL: | http://d.repec.org/n?u=RePEc:fip:fedmwp:673&r=tid |
| By: | Juan Cristóbal Birbuet (Centre for the Promotion of Sustainable Technologies (CPTS)); Carlos Gustavo Machicado (Institute for Advanced Development Studies) |
| Abstract: | The main objective of this case study is to analyze the effect that a significant technological innovation in quinoa processing has had on the productivity of companies devoted to this activity and the impact of such an innovation on the growth and organization of the quinoa cluster in Bolivia, and its possible effects on the future. The study will explain how the boost engendered by technological innovation in quinoa processing has triggered a series of events that have allowed the establishment of an ambitious development program. The sector’s main companies and producer associations are part of this program, which is called the “Quinoa Alliance.” The program has become a unique opportunity for agro-industrial development in the Bolivian Altiplano, so far characterized by subsistence agriculture. |
| Keywords: | Quinoa, saponin, unit operation, specific consumption, productivity |
| JEL: | D24 L1 L6 |
| Date: | 2009–08 |
| URL: | http://d.repec.org/n?u=RePEc:adv:wpaper:200907&r=tid |
| By: | Ju, Jiandong; Lin, Justin Yifu; Wang, Yong |
| Keywords: | Economic Theory&Research,Political Economy,Economic Growth,Access to Finance,Currencies and Exchange Rates |
| Date: | 2009–09–01 |
| URL: | http://d.repec.org/n?u=RePEc:wbk:wbrwps:5055&r=tid |