【Macro/Finance webinar】Idea Diffusion and Property Rights
2021/06/01
研討會日期 : 2021-06-01
時間 : 09:00
主講人 : Professor Boyan Jovanovic
地點 : online
演講者簡介 : Professor Jovanovic received his Ph.D. in Economics from University of Chicago in 1978. He is currently a Professor of Economics at New York University. His research fields are Macroeconomics and Industrial organization.
演講摘要 : We study the innovation and diffusion of technology at the industry level. We derive the full dynamic paths of an industry’s evolution, from birth to its maturity, and we characterize the impact of diffusion on the incentive to innovate. The model implies that protection of innovators should be only partial due to the congestion externality in meetings in which idea transfers take place. We fit the model to the early experiences of the automobile and personal computer industries both of which show an S-shaped growth of the number of firms.
