quickly. Also, the approval delay is likely to decrease as an industry moves from the early stages of an innovation cycle to … later stages. These predictions are in line with the evidence we obtain from a data set of US patents granted in the field …

cumulative innovation. This paper studies the effects of strategic patenting on R&D, patenting and market value in the computer … evidence that both strategic patenting and R&D spillovers strongly affect innovation and market value of software firms. …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

small innovators, suggesting that patents may impede the ‘democratization’ of innovation. …Cumulative innovation is central to economic growth. Do patent rights facilitate or impede such follow-on innovation …. Patent rights appear to block follow-on innovation only in the technology fields of computers, electronics and medical …

" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European …

protection technologies, both by the innovator and by imitators. We show that it can justify high level of profits beyond patents …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …