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firms may protect their inventions by means of intellectual property rights, such as patents. By taking out a patent … of patents on the dissemination of R&D findings is, however, insignificant. Therefore, we conclude that patent … functioning of the contemporary patent system. We find that patenting firms are being less confronted with imitation. The effect …
Persistent link: https://www.econbiz.de/10012623469
plant size. We further find lagged negative effects on the (citation-weighted) number of filed patents. …
Persistent link: https://www.econbiz.de/10012659100
challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …
Persistent link: https://www.econbiz.de/10013428313
-ups with experienced inventors holding a patent at the time of receiving the first round of investment produce the largest …
Persistent link: https://www.econbiz.de/10011762520
We analyze the impact of subsidies on R&D expenditures in the financial crisis and beyond. The financial crisis has led to considerable turmoil in financing and, as a result, to restrictions of firms' access to external financing. Utilizing this fact, we identify and analyze financing...
Persistent link: https://www.econbiz.de/10012793582
This paper discusses the incentives for innovation when liability is limited or not. Clearly innovative activity involves risk. On the one hand, the risk of firm owners is limited if their liability is limited. On the other hand credits will be more difficult to receive if liability is limited....
Persistent link: https://www.econbiz.de/10013428336
This paper discusses theoretically the different incentives of managers versus firm owners to invest in innovative activities. There are opposing effects concerning R&D intensity in the manager-controlled firm. Our study on the determinants of R&D intensity presents empirical results concerning...
Persistent link: https://www.econbiz.de/10013428380
patent files. Other sources represent unintended knowledge spillovers, such as reverse engineering of technologies or hiring … spillovers, using knowledge from patents shows the strongest link to innovation output, particularly in case of product …
Persistent link: https://www.econbiz.de/10014311915
In this paper it is tested which of the various alternative approaches for constructing knowledge spillover pools suggested in existing literature measures the extent to which a firm can costlessly receive external knowlegde best. Since knowledge spillovers are unmeasurable, a 'goodness of fit'...
Persistent link: https://www.econbiz.de/10013428289
This paper deals with the effects of publicly funded research at universities, polytechnics and federal research labs on industrial innovations in Germany. We discuss the characteristics of companies that benefit from the findings of public research institutions. In questioning 2,300 companies...
Persistent link: https://www.econbiz.de/10013428175