Collaboration and Innovation Speed: Evidence from a Prize Data-Set, 1955-2010

Shimizu, Hiroshi : Yusuke Hoshino
WP#15-04 Hitotsubashi University IIR （2015/01/29）

The anecdotal evidence has indicated that inter-organizational collaboration increases R&D productivity by providing access to outside complimentary assets for firms. Focusing on the length of time from launching R&D project to realizing its R&D outcomes, we call it innovation speed, this paper examines a prize data-set on industrial t…

Bank capital shock propagation via syndicated interconnectedness

Nirei, Makoto : Julián Caballero : Vladyslav Sushko
BIS Working Papers No 484 Bank for International Settlements （2015/01/27）

Loan syndication increases bank interconnectedness through co-lending relationships. We study the financial stability implications of such dependency on syndicate partners in the presence of shocks to banks' capital. Model simulations in a network setting show that such shocks can produce rare events in this market when banks have shar…

AN INTERACTION-BASED FOUNDATION OF AGGREGATE INVESTMENT FLUCTUATIONS

Nirei, Makoto
『Theoretical Economics : journal of the Econometric Society』 forthcoming （2014/10/23）

This study demonstrates that the interactions of firm-level indivisible investments give rise to aggregate fluctuations without aggregate exogenous shocks. When investme…

Vectran:Development of High-Functionality Fiber and its Applications at Kuraray Co., Ltd.

Hori, Keisuke : Yusuke Hoshino : Hiroshi Shimizu
WP#14-06 Hitotsubashi University IIR （2014/10/16）

Default or exit? Empirical study on SMEs in the Japanese construction industry

Konno, Yukiko
『Construction Management and Economics』 Vol. 32 No. 10 pp. 1017-1029 （2014/10/01）

Japanese competitive bid entry qualifications: an examination of public works

Konno, Yukiko
『Construction Management and Economics』 Vol. 32 No. 10 pp. 957-967 （2014/10/01）

An empirical analysis of the exit of SMEs tendering for public works in the Japanese construction industry

Konno, Yukiko
『Journal of Financial Management of Property and Construction』 Vol. 19 No.2 pp.101-116 （2014/08/01）

An Index of R&D Productivity: To Estimate R&D Contribution for　Profit

Masami Asai
『PICMET』 2014 Proceeding 2558-2586 （2014/07/30）

Some indexes of R&D productivity have existed such as sales vs. R&D expense, operating　income vs. R&D expense, and they are used for relative evaluation among competitor…

Supply Chain Disruptions: Evidence from the Great East Japan Earthquake

CARVALHO,Vasco M. : Makoto Nirei : Yukiko Saito
RIETI Discussion Paper 14-E-035 Research Institute of Economy, Trade and Industry (RIETI) （2014/06/30）

This paper quantifies the spillover effect of exogenous shocks, such as earthquakes, on other firms through the supply chain network. Combining micro data on inter-firm transaction networks and geographic information systems, we examine firms' sales growth and transaction relationships outside the tsunami-hit areas before and after the…

An Economic Analysis of Deferred Examination System: Evidence from Policy Reforms in Japan

Yamauchi, Isamu : Sadao Nagaoka
WP#14-05 Hitotsubashi University IIR （2014/06/26）

We investigate how a deferred patent examination system promotes ex-ante screening of patent applications, which reduces both the number of granted patents and the use of economic resources for examinations, without reducing the return from R&D. Based on a real option theory, we develop a model of examination request behaviors. Exploit…

The Spillover Effects of Publicly Supported Private R&D: Analysis of NEDO Follow-up Survey Data

Matsushima, Kazunari : Yaichi Aoshima
WP#14-04 Hitotsubashi University IIR （2014/06/23）

Innovation creating economic values has become a vital issue due to severe global competition. Given such a circumstance, government funding has flowed not only into pu…

Margin Rate Rule: A New Drug Pricing Policy in Japan

Tamura, Masaoki
WP#14-03 Hitotsubashi University IIR （2014/06/18）

This article theoretically evaluates the drug pricing policy in Japan and suggest an alternative more efficient policy. The Japanese current pricing rule “R2 rule” cause…

Wenzhou Entrepreneurs' Community: Their Networks and Social Capital

Nishiguchi, Toshihiro: Motoko Tsujita
WP#13-28 (in Japanese) Hitotsubashi University IIR （2014/03/31）

A Study of Wenzhou Financial Reforms after the Credit Crunch: Towards the Legalization of Informal Lending

Jiang, Hong Xiang: Toshihiro Nishiguchi: Motoko Tsujita
WP#13-27 (in Japanese) Hitotsubashi University IIR （2014/03/30）

Making Global Neighborhoods Work: The Analysis of China’s Wenzhou Entrepreneurial Community

Nishiguchi, Toshihiro: Motoko Tsujita
WP#13-26 Hitotsubashi University IIR （2014/03/28）

Exploring small worlds in social networks using big data has been all the rage. But true estimates of how they actually work have been fraught with technical difficultie…

Wenzhou Entrepreneurs' Way to Success: Making the Most of Their Networks and Social Capital

Sekai Keizai Hyoron (World Economic Review)　Vol. 58, No. 2, pp. 17-21 (in Japanese) （2014/03/20）

Author: Nishiguchi, Toshihiro

Allocation of Research Resources and Publication Productivity in Japan: A Growth Accounting Approach

Aoki, Shuhei: Megumi Kimura
WP#13-24 Hitotsubashi University IIR （2014/03/10）

In Japan, as in many developed countries, the government's agencies for science have implemented several reforms to the scientic research system, which has concentrated research resources in the top research universities. However, the growth of research papers has stagnated in Japan during the 2000s. To analyze the reason for this, th…

Author ordering in scientific research: evidence from scientists survey in the US and Japan

Nagaoka, Sadao : Hideo Owan
WP#13-23 Hitotsubashi University IIR （2014/02/28）

This paper examines what drives author ordering in scientific research. We first discuss a theoretical framework for the choice between alphabetical ordering and relativ…

Reassessing Patent Propensity: Evidence from a dataset of R&D awards, 1977–2004

Roberto Fontana:Nuvolari, Alessandro:Shimizu, Hiroshi:Vezzulli, Andrea
『Research Policy』 Vol. 42 (10) pp.1780-1792 （2013/12/01）

Next steps for collaboration between policy formation and policy studies

Akaike, Shinichi
『The Journal of Science Policy and Research Management』 Vol.28 No.1 pp. 76-83 （2013/10/01）

The key of ‘Science of Science, Technology and Innovation Policy’ is to connect policy formation and policy studies. Process and knowledge structure of policy formatio…