Showing 1 - 10 of 15
This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
dispensing equipment, the immediate predecessor to the ATM. At the simplest level, at least four separate instance of innovation … than an understanding of the process of innovation itself and how these competing families developed into the modern … conception of an ATM. Our research supports the view of user-driven innovation as surviving business records and oral histories …
Persistent link: https://www.econbiz.de/10005789966
Domestic Innovation (GDI) to quantify innovations in OECD countries. It will supplement universal measures such as the Gross …
Persistent link: https://www.econbiz.de/10005621804
We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical …
Persistent link: https://www.econbiz.de/10011110292
In the 1990s, patenting schemes changed in many respects: upcoming new technologies accelerated the shift from price competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the ‘patent thicket’ arose as a consequence of strategic...
Persistent link: https://www.econbiz.de/10005835212
The aim of this paper is to study empirically the patenting propensity at the European regional level. To do that we use the OECD-REGPAT dataset, that includes patent applications made by European inventors and applicants to EPO in the time-span 1978-2011. Explanatory variables on R&D and human...
Persistent link: https://www.econbiz.de/10011257957
This paper examines the direction of causality between Venture Capital (VC) and innovation (proxied by patents) in … suggesting that, in Europe, innovation seems to create a demand for VC and not VC a supply of innovation. In this sense …
Persistent link: https://www.econbiz.de/10009647272
This paper revisits the standard analysis of licensing a cost reducing innovation by an outside innovator to a Cournot …
Persistent link: https://www.econbiz.de/10005785795
We consider a licensing mechanism for process innovations that combines a license auction with royalty contracts to those who lose the auction. Firms’ bids are dual signals of their cost reductions: the winning bid signals the own cost reduction to rival oligopolists, whereas the losing...
Persistent link: https://www.econbiz.de/10008501954
This paper reconsiders the licensing of a common value innovation to a downstream duopoly, assuming a dual licensing …
Persistent link: https://www.econbiz.de/10008501956