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Norbäck, Pehr-Johan; Olofsson, Charlotta; Persson, Lars - 2020

Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...

Persistent link: https://www.econbiz.de/10012162423

Patent pools, litigation and innovation

Choi, Jay Pil; Gerlach, Heiko A. - 2013

This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro …-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple … patents reduce social welfare as they charge higher licensing fees and chill subsequent innovation incentives. …

Persistent link: https://www.econbiz.de/10010199442

The dynamics of automation adoption : firm-level heterogeneity and aggregate employment effects

Bisio, Laura; Cuzzola, Angelo; Grazzi, Marco; … - 2023

We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …

Persistent link: https://www.econbiz.de/10014383690

Computerizing Industries and Routinizing Jobs : Explaining Trends in Aggregate Productivity

Aum, Sangmin - 2018

Aggregate productivity growth in the U.S. has slowed down since the 2000s. We quantify the importance of differential productivity growth across occupations and across industries, and the rise of computers since the 1980s, for the productivity slowdown. Complementarity across occupations and...

Persistent link: https://www.econbiz.de/10012926403

Globotics and Development : When Manufacturing is Jobless and Services are Tradable

Baldwin, Richard; Forslid, Rikard - 2022

Globalization and robotics (globotics) are transforming the world economy at an explosive pace. While much of the literature has focused on rich nations, the changes are quite likely to affect developing nations in important ways. The premise of the paper - which should be regarded as a...

Persistent link: https://www.econbiz.de/10013308376

Growing productivity without growing wages : the micro-level anatomy of the aggregate labor share decline

Kehrig, Matthias; Vincent, Nicolas - 2017 - First version: November 2015, this version: March 29, 2017

The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...

Persistent link: https://www.econbiz.de/10011646840

Productivity, price- and wage-markups : an empirical analysis of the Dutch manufacturing industry

Amoroso, Sara; Melenberg, Bertrand; Plasmans, Joseph E. J. - 2015

This paper examines the interaction between productivity growth, firms’ monopolistic market power, and workers’ wage bargaining power. Our study contributes to several strands of literatures. First, we examine a monopolistic framework which accounts for wage bargaining. In addition to the...

Persistent link: https://www.econbiz.de/10010496909

Dynamic entry and exit linkages in the Brazilian manufacturing industry : an econometric investigation

Resende, Marcelo; Ribeiro, Eduardo Pontual; Zeidan, … - 2013

The paper investigates dynamic linkages between entry and exit rates in Brazilian manufacturing in the context of 231 (4-digits) industries during the 1996-2005 period. The empirical analysis focuses on the estimation of a dynamic panel data for entry and exit rates and controls for the business...

Persistent link: https://www.econbiz.de/10009734846

The effect of intellectual property rights on domestic innovation in the pharmaceutical sector

Gamba, Simona - 2016

This paper analyses the causal impact of Intellectual Property Rights (IPR) on pharmaceutical innovation in a panel of …. Domestic innovation is measured as citation-weighted domestic patents filed at the European Patent Office (EPO): to account for … to patent at the EPO. Results show that, in the short-run, IPR stimulate innovation. The effect for developing countries …

Persistent link: https://www.econbiz.de/10011509446

The disciplinary effect of post-grant review : causal evidence from European patent opposition

Nagler, Markus; Sorg, Stefan - 2019

We study the causal impact of invalidating marginally valid patents during post-grant opposition at the European Patent Office on affected inventors' subsequent patenting. We exploit exogenous variation in invalidation by leveraging the participation of a patent's original examiner in the...

Persistent link: https://www.econbiz.de/10011996418