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Trade Secret Laws, Labour Mobility and Innovations
Motta, Massimo; Rønde, Thomas - C.E.P.R. Discussion Papers - 2002
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
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A Theory of North-South Trade and Globalization
Dinopoulos, Elias; Segerstrom, Paul - C.E.P.R. Discussion Papers - 2003
imitative R&D to copy state-of-the-art quality Northern products. Both innovation and imitation rates are endogenously …
Persistent link: https://www.econbiz.de/10005656156
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Distance to Frontier, Selection, and Economic Growth
Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2002
innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …
Persistent link: https://www.econbiz.de/10005789082
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The Economic Value of Patent Portfolios
Gambardella, Alfonso; Harhoff, Dietmar; Verspagen, Bart - C.E.P.R. Discussion Papers - 2013
Patent holders may choose to protect innovations with single patents or to develop portfolios of multiple, related inventions. We propose a simple decision-making model in which patent-holders may allocate resources to either expanding the number of related patents or investing in higher value...
Persistent link: https://www.econbiz.de/10011083853
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The Value of European Patents
Gambardella, Alfonso; Harhoff, Dietmar; Verspagen, Bart - C.E.P.R. Discussion Papers - 2008
This paper employs data from an extensive European survey to produce one of the first systematic assessments of the private economic value of patents. The estimated mean of our patent value distribution is higher than 3 million Euros, the median is about one-tenth, and the mode is around a few...
Persistent link: https://www.econbiz.de/10005792528
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Financial Development, Property Rights and Growth
Claessens, Stijn; Laeven, Luc - C.E.P.R. Discussion Papers - 2002
This Paper investigates how the legal framework not only affects the amount of external financing available, but also firms’ resource allocation among different types of assets. Using a simple model, we show that in a weaker legal environment a firm will get less financing, and thus invest...
Persistent link: https://www.econbiz.de/10005504760
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Venture Capital, Patenting, and Usefulness of Innovations
Fabrizi, Simona; Lippert, Steffen; Norbäck, Pehr-Johan; … - C.E.P.R. Discussion Papers - 2011
We analyze incentives to develop entrepreneurial ideas for venture capitalists (VCs) and incumbent firms. If VCs are sufficiently better at judging an idea's value and if it is sufficiently more costly to patent low than high value ideas, VCs acquire valuable ideas, develop them beyond the level...
Persistent link: https://www.econbiz.de/10009643508
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Does Europe have an innovation policy? The case of EU economic law
Battaglia, Lauren; Larouche, Pierre; Negrinotti, Matteo - C.E.P.R. Discussion Papers - 2011
innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …
Persistent link: https://www.econbiz.de/10009205060
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Everything You Always Wanted to Know about Inventors (But Never Asked): Evidence from the PatVal-EU Survey
Brusoni, Stefano; Crespi, Gustavo; Francoz, Dominique; … - C.E.P.R. Discussion Papers - 2006
Based on a survey of the inventors of 9,017 European patented inventions, this paper provides new information about the characteristics of European inventors, the sources of their knowledge, the importance of formal and informal collaborations, the motivations to invent, and the actual use and...
Persistent link: https://www.econbiz.de/10005124480
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Patents in a Model of Endogenous Growth
O'Donoghue, Edward; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1998
This paper examines patent protection in an endogenous-growth model. Our aim is two-fold. First, we show how the patent policies discussed by the recent patent-design literature can influence R&D in the endogenous-growth framework, where the role of patents has been largely ignored. Second, we...
Persistent link: https://www.econbiz.de/10005136433