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is briefly presented. Then the empirical literature that relates Tobin's q to R&D and patent measures is surveyed and new … corporation is strongly related to its knowledge assets, and that the patent measures contain information about this value above …
Persistent link: https://www.econbiz.de/10005413048
special innovation-related assets by acquiring firms with “superior” innovative performance; or acquirers seeking to acquire … phenomenon and that economic and innovation related variables explain only a modest part of the probability of becoming a target … relatively larger stock of accumulated knowledge (stock of citation-weighted patents), relatively higher R&D inputs (R …
Persistent link: https://www.econbiz.de/10005412905
-weighted patent-intensity as a proxy for R&D output; the stock of citation-weighted patents as a proxy for the accumulated stock of … following innovation- related factors on the propensity to acquire: R&D-intensity as a proxy for R&D inputs; the citation … smaller acquisitions can be seen as part of an innovation strategy by acquiring firms with relatively low levels of internal R …
Persistent link: https://www.econbiz.de/10005561400
What determines the speed of the technology diffusion? What are the consequences of diffusion? This paper presents a model to address these questions. Skilled machine-users adopt a new technology first, while unskilled users wait until machines become more reliable and accessible. The quality...
Persistent link: https://www.econbiz.de/10005126129
This paper aims at showing how the Research and innovation Act of July 1999 modifies (stimulates?) the role of the … of firms profit from these devices? Do the structures of support for innovation at the regional level deploy their … example the case of Auvergne, we will seek to show in what sense the organisational mode of the innovation which prevails …
Persistent link: https://www.econbiz.de/10005412959
La protection juridique des méthodes commerciales liées à Internet est très controversée. Est-il opportun de protéger des biens immatériels ou des idées ? N'est-ce pas menacer durablement le développement de la "nouvelle économie" ? N'est-ce pas brider l'activité inventive et...
Persistent link: https://www.econbiz.de/10005407748
Patent citation data are used in a growing body of economics and business research on technological diffusion. Research …. “Forward” citations (citations to the firm’s patents made by other patents) have been interpreted as a measure of the knowledge … diffusing outward from the patenting entity. Until now, there exists little evidence on whether or not patent citations are a …
Persistent link: https://www.econbiz.de/10005118706
issue, we build a model in which the value of an innovation depends both on the type of innovation implemented (product …, 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 …
Persistent link: https://www.econbiz.de/10005118819
Multinational firms are traditionally considered as firms possessing some technological lead and exploiting this proprietary advantage in international markets, but a growing literature has been arguing that multinational firms set up foreign subsidiaries not only as a means to exploit their own...
Persistent link: https://www.econbiz.de/10005062587
employment performance than decentralised ones. We apply static and dynamic panel data techniques to a panel of EU countries. Our …
Persistent link: https://www.econbiz.de/10005412493