otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation. …

We investigate the causal effect of patent rights on cumulative innovation, using large-scale data that approximate the … patent universe in its technological and economic variety. We introduce a novel instrumental variable for patent invalidation … that exploits personnel scarcity in post-grant opposition at the European Patent Office. We find that patent invalidation …

. Where licensing fails, follow-on innovation is blocked unless firms gain FTO through patent invalidation. Using large …We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires … freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation …

. While the individual effects of engaging in the listed practices on firm innovation are well-understood, the existing … sample of innovation-active firms from the German Community Innovation Survey, which includes information on the development … of standards, enhanced with information on firms' engagement in patenting and publishing. We find that 26% of innovation …

This study quantifies the impact of process and product innovation on employment growth in Bolivia by using microdata … from a survey on innovation conducted in Bolivia in 2016. Following the model of Harrison, Jaumandreu, Mairesse, and Peters … demonstrate that employment growth is explained by product innovation. On the other hand, we find no evidence of a displacement …

ultimately affect innovation and productivity in Uruguayan service firms compared to manufacturing firms. The results show that …-technological (e.g., organizational or marketing) innovations. ICT and other innovation investments are positively associated with …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …

We study the effect of different types of barriers to innovation (financial, demand, knowledge, market, cooperation …, and regulatory barriers) on firm level innovation inputs and outputs. Using a pooled sample of three Chilean innovation … surveys, based on an instrumental variables approach, we find that the probability of generating innovation outcomes is …

This paper is concerned with exploring the implications of replicability issues over the medical innovation process … institution governing the testing effort. Research and innovation policy implications are discussed. …

product development process. HCs do not invest more into innovation, but achieve higher innovation success. The higher …