In this paper I evaluate the contribution of R&D investments to productivity growth. The basis for the analysis are the free entry condition and the fact that most R&D innovations are embodied. Free e
A well-developed theoretical literature dating back at least to Nordhaus (1969) has analyzed optimal patent policy design. We re-present the core trade-off of the Nordhaus model and highlight an emp
SIGMA Brief 11 focuses on three specific modern types of procurement tools: framework agreements, electronic auctions and dynamic purchasing systems. EU Member States have the option of deciding wheth
Organisation for Economic Co-operation and Development20