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This paper analyzes the role of network externalities and expectations about them in the formulation of trade policy. Their effects are studied in duopoly situations when products are compatible and when they are incompatible and when multimarket effects are possible. Network externalities and...
Persistent link: https://www.econbiz.de/10012476888
This paper investigates the effect of export shocks on innovation. On the one hand a positive shock increases market … export market. This in turn reduces profits and therefore innovation incentives particularly for firms with low productivity …. Overall the positive impact of the export shock on innovation is magnified for high productivity firms, whereas it may …
Persistent link: https://www.econbiz.de/10012453117
This paper examines the structure of over 100 alliances by Internet portals from 1995 to 1999. These alliances were an attractive empirical testing ground because of the large number and heterogeneous nature of the contracts, the high standards for disclosure in the industry, and the careful...
Persistent link: https://www.econbiz.de/10012470473
Persistent link: https://www.econbiz.de/10000051627
I study knowledge spillovers, positive externalities that augment the information set of an economic agent, and reviews the evidence on such spillovers in the context of international economic transactions. Even though spillovers are by their very nature difficult to identify, over recent...
Persistent link: https://www.econbiz.de/10012510618
Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...
Persistent link: https://www.econbiz.de/10012457154
Members of a patent pool agree to use a set of patents as if they were jointly owned by all members and license them as … the first patent pool in U.S. history, the Sewing Machine Combination (1856-1877) to perform the first empirical test of … the effects of a patent pool on innovation. Contrary to theoretical predictions, the sewing machine pool appears to have …
Persistent link: https://www.econbiz.de/10012463589
paper empirically examines one such institution: the patent pool. The analysis highlights five findings consistent with the … overlapping patent holdings; and (e) during the most recent era, when an intense awareness of antitrust concerns precluded many … competition-harming patent pools, more important patents were selected for pools and patents selected for pools were subsequently …
Persistent link: https://www.econbiz.de/10012469018
Patent pools allow a group of firms to combine their patents as if they were a single firm. Theoretical models predict …
Persistent link: https://www.econbiz.de/10012461085
Free trade or preferential trade areas (PTAs) allow importers who belong to the area to export to each other while …
Persistent link: https://www.econbiz.de/10012659997