Showing 1 - 10 of 87
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 with panel data on U.S. universities for 1995-99. We...
Persistent link: https://www.econbiz.de/10010744928
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. Decentralized control, on the...
Persistent link: https://www.econbiz.de/10010884642
software industry. We focus on two key aspects: patent portfolio size which affects bargaining power in patent disputes, and … the fragmentation of patent rights (.patent thickets.) which increases the transaction costs of enforcement. We develop a …
Persistent link: https://www.econbiz.de/10010744919
This paper studies the role of intrinsic motivation, reputation, and reciprocity in driving open source software innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed preference. of developers - to infer the underlying...
Persistent link: https://www.econbiz.de/10010745268
We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
Persistent link: https://www.econbiz.de/10010745303
We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A key feature is the selection between high- and low-type firms, which differ in terms of their innovative capacity. We estimate the parameters of the model using detailed US...
Persistent link: https://www.econbiz.de/10010745637
identifying unique patterns of knowledge flows (based on patent citations), which provide information about whether ‘spilled …
Persistent link: https://www.econbiz.de/10010745650
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10010746044
We analyse the determinants of the decline in measured research productivity (the patent/R&D ratio) using panel data on … technological exhaustion. We first develop an index of patent ‘quality’ using detailed information on patents in the U.S. in seven … technology fields. Using a factor model, we construct a minimum-variance index based on four patent characteristics and show that …
Persistent link: https://www.econbiz.de/10010746047
software industry. We focus on two key aspects: patent portfolio size which affects bargaining power in patent disputes, and … the fragmentation of patent rights (.patent thickets.) which increases the transaction costs of enforcement. We develop a …
Persistent link: https://www.econbiz.de/10010746431