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Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

Persistent link: https://www.econbiz.de/10011584872

Measuring the Spillovers of Venture Capital

Schnitzer, Monika; Watzinger, Martin - 2017

We provide the first measurement of knowledge spillovers from venture capital-financed companies onto the patenting activities of other companies. On average, these spillovers are nine times larger than those generated by the R&D investment of established companies. Spillover effects are larger...

Persistent link: https://www.econbiz.de/10011744929

ICT, Collaboration, and Science-Based Innovation : Evidence from BITNET

Wernsdorf, Kathrin; Nagler, Markus; Watzinger, Martin - 2021

Does access to information and communication technologies (ICT) increase innovation? We examine this question by …

Persistent link: https://www.econbiz.de/10013315141

How Antitrust Enforcement Can Spur Innovation: Bell Labs and the 1956 Consent Decree

Watzinger, Martin; Fackler, Thomas A.; Nagler, Markus; … - 2017

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …

Persistent link: https://www.econbiz.de/10011615906