Showing 1 - 10 of 39
We use a large dataset of approximately 1500 physicists employed by the Centre National de la Recherche Scientifique (CNRS) in France to investigate the role of cumulative advantage in their publication career. Measuring output by time series of the number of publications and the number of...
Persistent link: https://www.econbiz.de/10014512139
Recent research on financial market valuation of the knowledge assets of publicly traded firms is surveyed. The … motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is … value of the modern manufacturing corporation is strongly related to its knowledge assets, and that patent measures contain …
Persistent link: https://www.econbiz.de/10012471824
Innovation policy can be a crucial component of governments' responses to crises. Because speed is a paramount … objective, crisis innovation may also require different policy tools than innovation policy in non-crisis times, raising … distinct questions and tradeoffs. In this paper, we survey the U.S. policy response to two crises where innovation was crucial …
Persistent link: https://www.econbiz.de/10012585399
AT&T was the largest U.S. firm for most of the 20th century. Telephone operators once comprised over 50% of its workforce, but in the late 1910s it initiated a decades-long process of automating telephone operation with mechanical call switching--a technology first invented in the 1880s. We...
Persistent link: https://www.econbiz.de/10012794608
This paper summarizes a number of studies which use patent data to examine different aspects of technological change. It describes our firm level data set construction effort; reports on the relationship between RLD expenditures and the level of patenting; analyzes the relationship between...
Persistent link: https://www.econbiz.de/10012476987
A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...
Persistent link: https://www.econbiz.de/10012479723
Though fundamental to innovation and essential to many industries and occupations, individual creativity has received … for the management of creative workers and for the implementation of competitive procurement mechanisms for innovation …
Persistent link: https://www.econbiz.de/10012480710
Governments are important financiers of private sector innovation. While these public funds can ease capital … for innovation programs strengthened the relationship between firms' historical innovative efficiency and subsequent … changes: subsidies became significantly positively associated with future innovation after the anti-corruption campaign and …
Persistent link: https://www.econbiz.de/10012480749
Venture capital is associated with some of the most high-growth and influential firms in the world. Academics and practitioners have effectively articulated the strengths of the venture model. At the same time, venture capital financing also has real limitations in its ability to advance...
Persistent link: https://www.econbiz.de/10012481347
questions about the pro-cyclicality of VC and its implications for innovation, especially in light of the common narrative that … VC is relatively insulated from public markets. We find that the implications for innovation are not benign: innovation … discussion on the nature of innovation across business cycles …
Persistent link: https://www.econbiz.de/10012481733