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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
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
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 …
Persistent link: https://www.econbiz.de/10012139072
This paper tests for the sensitivity of R&D to financing constraints conditional on restrictions in external financing. Financing constraints of firms are identified by an exogenously calculated rating index. Restrictions in external financing are determined by (i) the specific time period...
Persistent link: https://www.econbiz.de/10012196342
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the level of R&D investment is determined. Finally, firms...
Persistent link: https://www.econbiz.de/10001604531
We use exogenous variation in the strength of trade secrets protection to show that a relative weakening of patents …
Persistent link: https://www.econbiz.de/10012060814
representative panel data set of firms in Germany from 2002-2016, complemented by detailed geographic information of patent activity …
Persistent link: https://www.econbiz.de/10012167049
software patents in the U.S. on the publications of university researchers in the field of computer science. Difference … quality) than their European counterparts after patent rights for software inventions were introduced. We then introduce a …
Persistent link: https://www.econbiz.de/10013358989
Persistent link: https://www.econbiz.de/10014436753
This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product market competition. The amount of knowledge firms can absorb from other firms is made dependent on their own research efforts, e.g., firms' absorptive capacity is treated as an...
Persistent link: https://www.econbiz.de/10013428320