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Based on an established theoretical framework of the drivers of inventive performance, the so-called KSAO (Knowledge, Skills, Abilities, and Other) factors, this paper seeks to explain empirically the performance of inventors throughout their careers. We combine survey information spanning the...
Persistent link: https://www.econbiz.de/10011381965
This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty and therefore rely on patents as signals when trying to assess the prospects of...
Persistent link: https://www.econbiz.de/10003806179
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We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent …
Persistent link: https://www.econbiz.de/10010416329
This report offers new insights into the drivers of inventor productivity at the individual level. It includes well-known drivers, such as inventor age and education, and controls for inventor team size, and firm/applicant information, as well as period and technology field effects derived from...
Persistent link: https://www.econbiz.de/10010459620
Persistent link: https://www.econbiz.de/10011586608
Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on …
Persistent link: https://www.econbiz.de/10011440946
We explore the tail of patented invention value distributions by using value estimates obtained directly from patent holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U.S. residents. The most valuable patents in our data...
Persistent link: https://www.econbiz.de/10011440960