outlays. When there are no spillovers, or there is full patent protection, underinvestment equilibria are shown to exist even … though, by deviating, a firm can get a persistent strategic advantage. When there are strong spillovers and weak patent … protection, underinvestment equilibria fail to exist. This implies that weaker patent protection can actually lead to more …

We study the impact of private ownership, incentive pay and local development objectives on university licensing … performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together … pay than public ones, but ownership does not affect licensing performance conditional on the use of incentive pay …

creativity. Markets for intellectual assets protected by IP rights can produce too much or too little innovation. …

compare the performance of organisational forms (M-form and U-form) in implementing changes such as innovation and reform. In … more innovation and reform. The theory is illustrated by the organisational differences between China and the former Soviet …

effect on technology transfer (catching up with the technological frontier) as well as innovation (pushing the frontier …

due to a weakness in technological innovation despite a high quality science base. This includes comparatively low and …

effect which becomes more pronounced when we account for the endogeneity of innovation. This is the case for three different … count measures of innovation – a global measure of innovation and measures for labour innovations and capital innovations …