Showing 1 - 10 of 18
This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
dispensing equipment, the immediate predecessor to the ATM. At the simplest level, at least four separate instance of innovation … than an understanding of the process of innovation itself and how these competing families developed into the modern … conception of an ATM. Our research supports the view of user-driven innovation as surviving business records and oral histories …
Persistent link: https://www.econbiz.de/10005789966
Domestic Innovation (GDI) to quantify innovations in OECD countries. It will supplement universal measures such as the Gross …
Persistent link: https://www.econbiz.de/10005621804
sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …
Persistent link: https://www.econbiz.de/10008468596
We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical …
Persistent link: https://www.econbiz.de/10011110292
This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...
Persistent link: https://www.econbiz.de/10011084309
-focused patents are the socially efficient way to reward innovation, and also show when very short-lived but very broad patents are …
Persistent link: https://www.econbiz.de/10005656411
This paper examines the direction of causality between Venture Capital (VC) and innovation (proxied by patents) in … suggesting that, in Europe, innovation seems to create a demand for VC and not VC a supply of innovation. In this sense …
Persistent link: https://www.econbiz.de/10009647272
produced at least one major innovation at any time in the United Kingdom from 1945–82. Both datasets yield the same conclusion …
Persistent link: https://www.econbiz.de/10005136678
We review the role of R&D in endogenous growth theory, and describe extant empirical research – macro and micro – bearing on R&D as an engine of growth. Taking R&D to be key, while recognizing the significance of economic incentives, emphasizes knowledge as an economic object and, more...
Persistent link: https://www.econbiz.de/10005497933