private economic value of patents. The estimated mean of our patent value distribution is higher than 3 million Euros, the …

Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related … number of related patents or investing in higher value of patents in the portfolio. We estimate the derived value equation … of inventions in a portfolio may reflect both genuine creation of value or stronger appropriability via patents. …

the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super …

acquire valuable ideas, develop them beyond the level incumbents would have chosen, and use patents to signal their companies …

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order … to innovate successfully, the firm will combine different innovation activities. In addition to doing own research and … innovation activities. Using data from the Community Innovation Survey on Belgian manufacturing firms, we show that firms that …

We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non …

The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is … technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational … innovation in countries with low EPL. …

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … sectors which differ by their distance to the technological frontier. We show that entry threat spurs innovation incentives in … technologically advanced sectors - successful innovation allows incumbents to prevent entry. In laggard sectors it discourages …

This Paper examines the effect of price competition on innovation, market structure and profitability in R …&D-intensive industries. The theoretical predictions are tested using UK data on the evolution of competition, concentration, innovation … counts and profitability over 1952-77. The econometric results suggest that the introduction of restrictive practices …

invention, using data on U.S. patents’ Finnish inventors and the distance to the nearest technical university as an instrument … patents by Finnish inventors. …