Showing 1 - 10 of 12
innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …
Persistent link: https://www.econbiz.de/10005789146
We show that when the researcher’s (observable but not contractible) contribution to innovation is crucial, a covenant …
Persistent link: https://www.econbiz.de/10005504700
paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage … innovation. In the second stage, successful entrants bid to be acquired by the incumbent. We assume that entrants cannot survive …&D approaches than the incumbent and are more likely to generate the highest value innovation. Thus, the need of entrants to be …
Persistent link: https://www.econbiz.de/10008784763
This paper presents a simple model for analysing the contribution of investments in physical and institutional infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important indirect effects, or transition impacts. The model shows...
Persistent link: https://www.econbiz.de/10005667044
We study how the market for innovation affects enforcement of patent rights. Conventional wisdom associates the gains … potential gains from trade are more likely to change ownership, suggesting that the market for innovation is efficient. We also …
Persistent link: https://www.econbiz.de/10009322505
Support for many R&D and technology policies relies on empirical evidence that R&D ‘spills over’ between firms. But there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business stealing by product market rivals. We develop a...
Persistent link: https://www.econbiz.de/10005662082
simple model of cumulative innovation is presented where technology spillovers arise endogenously through labour mobility. It … to develop an innovation is neither very high nor very low. Trade secret protection based on punitive damages is, except …
Persistent link: https://www.econbiz.de/10005666513
We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model of technology licensing offices, using new survey information together with panel data on U.S. universities for...
Persistent link: https://www.econbiz.de/10005667018
We analyse the determinants of the decline in measured research productivity (the patent/R&D ratio) using panel data on manufacturing firms in the US for the period 1980-93. We focus on three factors: the level of demand, the quality of patents, and technological exhaustion. We first develop an...
Persistent link: https://www.econbiz.de/10005791451
more likely in situations where the innovation step is large and the probability for a firm to be the only innovator is …
Persistent link: https://www.econbiz.de/10005067450