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Investments in R&D and agricultural innovations have been fundamental to long-term economic growth worldwide. But global resource allocation has been uneven, with some developing countries closing in on developed-world scientific capacities, others regaining ground lost over the past decade or...
Persistent link: https://www.econbiz.de/10014024076
This chapter summarizes the basic characteristics of patent data as an innovation indicator and reviews some of the … recent research using patent data, focusing on major developments since Griliches in 1990 [Griliches, Z. (1990). “Patent … availability of patent data on an increasingly global scale and the accompanying global spread of research using patent data. The …
Persistent link: https://www.econbiz.de/10014025146
The objective of this paper is to compare the impact of R&D competition (i) under patent protection and (ii) under no … patent protection on enterprise innovation and performance with the impact of R&D cooperation in the form of R&D cartel on … spillovers, the R&D investments under patent protection are smaller than in the case of no patent protection. When firms create a …
Persistent link: https://www.econbiz.de/10012002771
sectors, more efficient capital markets, fewer capital tax distortions and improved patent protection. A second focus should …
Persistent link: https://www.econbiz.de/10009696509
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
This chapter serves to assess the quantity and impact of private agricultural research in developing countries, alongside the policies which affect that research. To provide context, an outline of the history, size and structure of private research presents data on research expenditures by...
Persistent link: https://www.econbiz.de/10014024075
In this paper, we study the effect of invention disclosure through patent publication on the market for ideas. We do so … by analyzing the effects of the American Inventor’s Protection Act of 1999 (AIPA) — which required US patent applications … to be published 18 months after their filing date rather than at patent grant — on the timing of licensing deals in the …
Persistent link: https://www.econbiz.de/10010192378
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …
Persistent link: https://www.econbiz.de/10013362008
Persistent link: https://www.econbiz.de/10015045658