Showing 1 - 10 of 16
relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …
Persistent link: https://www.econbiz.de/10012471503
development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping …
Persistent link: https://www.econbiz.de/10012481080
Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …
Persistent link: https://www.econbiz.de/10012457764
externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854
major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …
Persistent link: https://www.econbiz.de/10012479842
The 'quality' of novel technological innovations is extremely variable, and the ability to measure innovation quality … is essential to sensible, evidence-based policy. Patents, an often vital precursor to a commercialised innovation, share …
Persistent link: https://www.econbiz.de/10012481150
innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …
Persistent link: https://www.econbiz.de/10012462114
This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …
Persistent link: https://www.econbiz.de/10012463346
Technical progress increasingly relies on the use of scientific knowledge. But if much of this knowledge is in the public domain, can it be a source of private value? We find that average private returns to using public science are small, especially in crowded technical fields, consistent with...
Persistent link: https://www.econbiz.de/10012496086
Well functioning Markets for Technology (MFT) allow inventors to sell their inventions to others that may derive more value from them. We argue that the growing reliance on science in inventions enhances MFT. In addition to higher quality inventions, reliance on science may enhance gains from...
Persistent link: https://www.econbiz.de/10012496087