patenting, our results further suggest that knowledge creation alliances lead to patents that are filed to protect valuable …

involvement in patenting results in greater knowledge externalities, as academic patents appear to generate more forward citations … ?importance? of academic patents declines over time. We show that academic entrants have patents of lower ?quality? than academic … incumbents but they did not cause the decline, since the relative importance of patents involving academics with an existing …

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 …

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 …

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 …

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 …

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 introduce market novelties (innovation). Using a sample of 1253 … effectiveness is low or medium, both innovation and imitation are enhanced, whereas if it is high, only innovation is enhanced. …

manufacturing in 2000, it turns out that patents are important to protect intellectual property in the market, whereas secrecy seems …

The present paper first discusses theoretically the different incentives of manager- versus owner-controlled firms for … innovation, i.e. weakly controlled managers show a higher innovation propensity. However, the higher the leverage the more …