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Innovation Beyond Patents: Technological Complexity as a Protection against Imitation

Henry, Emeric; Ruiz-Aliseda, Francisco - C.E.P.R. Discussion Papers - 2012

A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often perceived to be at the mercy of imitators in the absence of legal protection. In practice, innovators however invest actively in making their products technologically hard to...

Persistent link: https://www.econbiz.de/10011084053

Culture, Entrepreneurship, and Growth

Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013

We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that affect the steepness of the lifetime consumption profile....

Persistent link: https://www.econbiz.de/10011084260

Innovation, Spillovers and Venture Capital Contracts

Dessí, Roberta - C.E.P.R. Discussion Papers - 2012

Innovative start-ups and venture capitalists are highly clustered, benefiting from localized spillovers: Silicon Valley is perhaps the best example. There is also substantial geographical variation in venture capital contracts: California contracts are more 'incomplete'. This paper explores the...

Persistent link: https://www.econbiz.de/10011084393

Environmental Policy and Directed Technical Change in a Global Economy: The Dynamic Impact of Unilateral Environmental Policies

Hemous, David - C.E.P.R. Discussion Papers - 2013

This paper builds a two-country (North, South), two-sector (polluting, nonpolluting) trade model with directed technical change, examining whether unilateral environmental policies can ensure sustainable growth. The polluting good is produced with a clean and a dirty input. I show that a...

Persistent link: https://www.econbiz.de/10011084402

Technological Change, Trade in Intermediates and the Joint Impact on Productivity

Bøler, Esther Ann; Moxnes, Andreas; Ulltveit-Moe, … - C.E.P.R. Discussion Papers - 2012

This paper examines the interdependence between innovation and imports of intermediates, and their joint impact on …

Persistent link: https://www.econbiz.de/10011084440

Outsourcing, Offshoring and Innovation: Evidence from Firm-level Data for Emerging Economies

Fritsch, Ursula; Görg, Holger - C.E.P.R. Discussion Papers - 2013

investigates the link between outsourcing and innovation empirically using firm-level data for over 20 emerging market economies …

Persistent link: https://www.econbiz.de/10011084498

Financial Dependence and Innovation: The Case of Public versus Private Firms

Acharya, Viral V; Xu, Zhaoxia - C.E.P.R. Discussion Papers - 2014

This paper examines the relationship between innovation and firms' dependence on external capital by analyzing the … innovation activities of privately-held and publicly-traded firms We find that public firms in external finance dependent … in internal finance dependent industries do not have a significantly better innovation profile than matched private firms …

Persistent link: https://www.econbiz.de/10011084508

Green innovations and organisational change: making better use of environmental technology

Hottenrott, Hanna; Rexhäuser, Sascha; Veugelers, Reinhilde - C.E.P.R. Discussion Papers - 2012

The literature on within-firm organizational change and productivity suggests that firms can make more efficient use of certain technologies if complementary forms of organization are adopted. This issue may be of even greater importance for the case of greenhouse gas (GHG) abatement...

Persistent link: https://www.econbiz.de/10011084545

Why are some regions more innovative than others? The role of firm size diversity

Agrawal, Ajay; Cockburn, Iain M; Galasso, Alberto; … - C.E.P.R. Discussion Papers - 2013

externalities and their impact on regional innovation. We examine MSA-level patent data during the period 1975-2000 and find that … innovation output is higher in regions where large and small firms coexist. The finding is robust to across-region as well as …

Persistent link: https://www.econbiz.de/10011084673

The New Lyrics of the Old Folks: The Role of Family Ownership in Corporate Innovation

Hsu, Po-Hsuan; Huang, Sterling; Massa, Massimo; Zhang, Hong - C.E.P.R. Discussion Papers - 2015

impede innovation. This argument, however, fails to recognize that modern family firms can benefit from capitalist … institutions that promote innovation. Using a comprehensive sample of U.S. family-owned public firms and patents for the period … from 1998 to 2010, we show that family ownership plays multiple roles in promoting innovation and its influence can be …

Persistent link: https://www.econbiz.de/10011186622