Showing 1 - 10 of 19
Exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent firms, due to strategic product market effects....
Persistent link: https://www.econbiz.de/10005791605
relationships between patenting and selected indicators of innovation and economic performance. The results points to favourable …
Persistent link: https://www.econbiz.de/10011276761
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
and investment can have on innovation. The study looks at the role of trade and investment in technology transfer, the … competition effects of trade and investment on innovation as well as economies of scale. The study also looks at Global Value … Chains as an organisational innovation in its own right, which is supported by a freer trade and investment environment. The …
Persistent link: https://www.econbiz.de/10004962804
and investment can have on innovation. This paper studies the effect of trade and investment liberalisation on Korea …’s Information and communication technology (ICT) sector and finds that trade and investment have played a crucial role in innovation … economies of scale for innovation. Free trade and investment policies in the 1990s and stronger protection of intellectual …
Persistent link: https://www.econbiz.de/10004962814
regard to the capital gains tax, innovation subsidy, public R&D spending and other policy initiatives. …
Persistent link: https://www.econbiz.de/10005497714
We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...
Persistent link: https://www.econbiz.de/10005497933
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10005504700
beyond a mechanical interpretation of patent law or copyright law. Instead, with years of experience in innovation, imitation …, but also privatization policies, trade and FDI policies, as well as the role of the government in China’s innovation …
Persistent link: https://www.econbiz.de/10008673521
The past two decades have witnessed an active period of global reform with respect to policies concerning Intellectual Property Rights (IPRs). This paper examines – from an empirical, economic perspective – policies that complement the generally strengthened framework for IPRs in developing...
Persistent link: https://www.econbiz.de/10008673522