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of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …
Persistent link: https://www.econbiz.de/10012480704
At least since Arrow (1962), the effects of appropriability on invention have been well studied, but there has been little analysis of the effect of appropriability on the commercialization of existing inventions. Exploiting a database of 805 attempts by private firms to commercialize inventions...
Persistent link: https://www.econbiz.de/10012468963
two strategies toward that end: imitation and innovation. The theory bears predictions about the evolution of the …
Persistent link: https://www.econbiz.de/10012481599
framework that contains multiple innovation sizes, multi-product firms, and entry/exit. Firms invest in exploration R&D to … regularities regarding innovation and growth differences across the firm size distribution. We also incorporate patent citations …
Persistent link: https://www.econbiz.de/10012462146
Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...
Persistent link: https://www.econbiz.de/10013362008
Persistent link: https://www.econbiz.de/10010462251
anecdotal. This paper provides direct quantitative evidence showing that how innovation and design work was done changed … fundamentally during the Industrial Revolution. This change was characterized by the professionalization of innovation and design …
Persistent link: https://www.econbiz.de/10012938720
economy as a whole. Racial and gender inequality can limit the entire economy's productive capacity and innovation outcomes … and commercialization data, we examine racial and gender disparities at each stage of the innovation process …
Persistent link: https://www.econbiz.de/10012660032
"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations … a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions … allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship …
Persistent link: https://www.econbiz.de/10012625463
This paper summarizes a number of studies which use patent data to examine different aspects of technological change. It describes our firm level data set construction effort; reports on the relationship between RLD expenditures and the level of patenting; analyzes the relationship between...
Persistent link: https://www.econbiz.de/10012476987