Patent citation data are used in a growing body of economics and business research on technological diffusion. Research … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a … good measure of knowledge flows. Our paper assesses the legitimacy of using European patent citations as a measure of …

, process) and on the existence of a patent protection or not. We obtain a three-equation model that links the values of product … and process innovations to the value of patent protection. This model and the feature of the data imply the estimation of … a censored trivariate Probit model. We reach two main conclusions. First, the value of patent rights increases the …

Considering two potential sources of income (public grants and ticket revenues),we have defined a theoretical model … optimal contract between both sides and thus to establish the optimal values of grants, ticket prices, budget and effort … valuation. However, public grants and museum budgets would be affected by the existence of this problem, moving the equilibrium …

capitalization inflows significantly impact FDI, while FDI, along with the terms-of-trade, the ratio of private sector credit to GDP …. The exclusion of capitalization inflows from total FDI in the FDI determinants model has very little impact on the overall …