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This article examines the relationship between Research & Development (R&D) funding and the production of knowledge by academic chemists. Using articles published, either raw counts or adjusted for quality, we find a strong, positive causal effect of funding on knowledge production. This effect...
Persistent link: https://www.econbiz.de/10010950830
evidence for start-up firms on the role of patents as signals to investors, in particular to Venture Capitalists. This study …&D for a panel of established firms. The results show that patents do indeed attenuate financing constraints for small firms … to financing constraints, but also do not seem to benefit from a patent quality signal. …
Persistent link: https://www.econbiz.de/10010950857
innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …
Persistent link: https://www.econbiz.de/10010950953
the evaluations were done at the recipient (firm) level using data from innovation surveys, industrial surveys, and …&D intensity. In addition, participation in TDF induces a more proactive attitude of beneficiary firms towards innovation … activities. However, the analysis does not find much statistically significant impact on patents or new product sales and the …
Persistent link: https://www.econbiz.de/10005084527
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 effects of a patent pool on innovation. Contrary to theoretical predictions, the sewing machine pool appears to have … a package to other firms. Regulators favor pools as a means to encourage innovation: Pools are expected to reduce …
Persistent link: https://www.econbiz.de/10005025643
Due to improving information technology, the growing complexity of research problems, and policies designed to foster interdisciplinary research, the practice of science in the United States has undergone significant structural change. Using a sample of 110 top U.S. universities observed during...
Persistent link: https://www.econbiz.de/10008625933
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10005059070
In evaluating the effect of an R&D subsidy we need to know what the subsidized firm would have spent on R&D had it not received the subsidy. Using data on Israeli manufacturing firms in the 1990s we find evidence suggesting that the R&D subsidies granted by the Ministry of Industry and Trade...
Persistent link: https://www.econbiz.de/10005088933
detailed information on innovation activities and other company characteristics. We analyse the role of venture finance in … influencing innovation strategies. We find that venture capitalists push portfolio companies towards building absorptive capacity … shaping companies' innovation strategies. …
Persistent link: https://www.econbiz.de/10005089145
The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are … lead to a lower pace of innovation, and more generally, that long run effects may be the opposite of the short run effects. …
Persistent link: https://www.econbiz.de/10010821990