i3, une unité mixte de recherche CNRS (UMR 9217)
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Institut Interdisciplinaire de l'Innovation

What drives innovation in nuclear reactors technologies? An empirical study based on patent counts.

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This paper examines the evolution of innovation innuclear power reactors between 1974 and 2008 in twelve OECD countries and assesses to what extent nuclear innovation has been driven by economic incentives, political decisions and safety regulation considerations. We use priority patent applications related to Nuclear Power Plants (NPPs)as a proxy for innovating activity. Our results highlight that nuclear innovation is partly driven by the conventional paradigm where both demand-pull, measured by NPPs constructions in the innovating country and in the rest of the world, and technology-push, measured by Research and Development (R&D) expenditures specific to NPPs, have a positive and significant impact on innovation. Our results also evidence that the impact of public R&D expenditures and national NPPs construction on innovation is stronger when the quality of innovation, measured by forward patent citations, is taken into account, and have a long run positive impact on innovation through the stock of knowledge available to innovators. In contrast, we show that political decisions following the Three Miles Island and Chernobyl nuclear accidents, measured by NPPs cancellations, have a negative impact on nuclear innovation. Finally, we find that the nuclearsafety authority has an ambivalent effect on innovation. On one hand, regulatory inspections have a positive impact on innovation, one the other hand, regulatory decisions to temporarily close a NPP have an adverse impact on innovation.

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Superstars and Outsiders in Online Markets: An Empirical Analysis of Electronic Books

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Recent rapid growth in electronic book sales has raised a critical question for publishers and book stores: do e-books cannibalize or increase print sales? In this article we compare the best-selling titles sold on Amazon.com in print orelectronic (Kindle) formatsduring the period from November 2007 to July 2010. Using econometric methods, we find that the cannibalization of print sales by e-books is more likely to occur for superstar titles written by successful authors. However, we find that a new segment of successful electronic titles that are not best-selling in print format emerge; these books would probably have been unpopular without the new Kindle store and therefore this new distribution channel has expanded the market. We refer to these titles as digital outsiders. The latter are characterized not only by lower prices but also by older release dates. They also include titles that are only released in electronic format. We then argue that electronic books increase the market viability of old print releases. Finally we identify a category that we call “print preferred”of books that are top sellers in print but not as e-books for reasons of color, graphics, or the need to navigate non-linearly, a style to which the current generation of e-book readers are not well adapted.

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