We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …

patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring … workers from other firms. Based on data from the Community Innovation Survey, this paper analyses the role of different types … of intended and unintended knowledge spillovers for innovation output at the firm level. Among intended knowledge …

From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent …

knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

-ups with experienced inventors holding a patent at the time of receiving the first round of investment produce the largest …