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patenting, our results further suggest that knowledge creation alliances lead to patents that are filed to protect valuable …
Persistent link: https://www.econbiz.de/10010957658
Classical patent literature assumes that patents grant well-defined legal rights to exclude others from practicing an … and the certification effect of patents which signals the ventures' 'quality' to investors. If the decision about patent … start-up companies are reluctant to launch new products if patents are pending. Further, pending patents attract risk …
Persistent link: https://www.econbiz.de/10010957765
holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U ….S. residents. The most valuable patents in our data account for a large fraction of the cumulative value over all observations …
Persistent link: https://www.econbiz.de/10005097700
not account for heterogeneity of patenting activities ranging from university patents to corporate patents. While the … publishing distinguishing between different types of patents for a large sample of professors active in Germany. Our results show … that, while university patents as well as patents assigned to not-for-profit institutions complement publication quantity …
Persistent link: https://www.econbiz.de/10005097890
The growing importance of technology relevant non-publication output of university research has come into the focus of policy-makers? interest. A fierce debate arose on possible negative consequences of the increasing commercialization of science, as it may come along with a reduction in...
Persistent link: https://www.econbiz.de/10005098317
There is a growing literature that aims at assessing the private value of knowledge assets and patents. It has been … shown that patents and their quality as measured by citations received by future patents contribute significantly to the … forward citations patents can receive at the European Patent Office. While a patent can be cited as non-infringing state of …
Persistent link: https://www.econbiz.de/10009003575
The present paper first discusses theoretically the different incentives of manager- versus owner-controlled firms for investment into innovative activity. In addition, the role of debt financing is analyzed. Subsequently the results from an empirical study on the determinants of innovative...
Persistent link: https://www.econbiz.de/10005097531
Successful innovative activity is a major contribution to the intangible capital of firms. Although its importance is generally acknowledged, the contribution to companies? profits is a priori unclear. We present the results of an empirical study on the effects of the patent stock on...
Persistent link: https://www.econbiz.de/10005097921
This article analyzes how the perceived effectiveness of intellectual property protection and competitive pressure affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are known in the market but new to the firm (imitation) or to...
Persistent link: https://www.econbiz.de/10010957641
Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold-up threats. Backward references in firm's patent...
Persistent link: https://www.econbiz.de/10010957663