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Patents to products: Product innovation and firm dynamics
Argente, David; Baslandze, Salomé; Hanley, Douglas; … - 2020
We study the relationship between patents and actual product innovation in the market, and how this relationship varies with firms' market share. We use textual analysis to create a new data set that links patents to products of firms in the consumer goods sector. We find that patent filings are...
Persistent link: https://www.econbiz.de/10012389581
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Connecting to power: Political connections, innovation, and firm dynamics
Akcigit, Ufuk; Baslandze, Salomé; Lotti, Francesca - 2020
productivity and to overcome certain market frictions. Our model generates a number of theoretical testable predictions and … highlights a new interaction between static gains and dynamic losses from rent-seeking in aggregate productivity. We test the … not in productivity - a result that we also confirm using a regression discontinuity design. …
Persistent link: https://www.econbiz.de/10012389582