, incumbents' valuations of innovations are less negatively affected by increased competition than entrants' profits. This, in turn …, but not too strict, merger policy tends to increase the incentive for innovations for sale by ensuring the bidding … competition for the innovation, without reducing the total rents for innovations too much. …

an increase in either the size or the frequency of innovations, from human capital accumulation through learning … of innovations or through introducing learning by doing with positive external effects across sectors) introduces new …

This paper considers a dynamic North South model of international trade and innovations in which firms can endogenously …

This Paper presents a model of innovations and economic growth, in which patent rates emerge endogenously, as a result …-inefficient, as too many researchers look for the easy innovations, while too few search for the difficult ones. The third result is …

individually-owned patents in the U.S., we exploit variation in capital gains tax rates as an instrument to identify the causal … reduces litigation risk, on average. The impact of trade on litigation is heterogeneous, however. Patents with larger …

invention, using data on U.S. patents’ Finnish inventors and the distance to the nearest technical university as an instrument … patents by Finnish inventors. …

inventors. We estimate the effect of patented inventions on individual earnings by linking data on U.S. patents and their … earnings for a patent grant and for highly-cited patents a longer-lasting premium of 30% in earnings three years later. Similar …