Showing 1 - 10 of 156
We investigate how intangible capital in form of intellectual property, such as patents, might mitigate financing … constraints. While scholars have already argued that patents might have a signalling value reducing information asymmetries … between borrowers and lenders, we quantify the value of using patents as collateral with regard to capital access. Although …
Persistent link: https://www.econbiz.de/10013346735
ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms … in the copier industry, measured by a disproportionate increase in patenting in technologies where Xerox patents became …
Persistent link: https://www.econbiz.de/10014479185
We study the evolution of patenting in China from 1985-2019. We use a Large Language Model to measure patent importance based on patent abstracts and classify patent ownership using a comprehensive business registry. We highlight four insights. First, average patent importance declined from...
Persistent link: https://www.econbiz.de/10014504832
Because China has become one of the largest applicants of PCT patents, it is of interest to compare the quality of …
Persistent link: https://www.econbiz.de/10012000580
This paper provides an overview of the treatment of technological change in economic models of environmental policy. Numerous economic modeling studies have confirmed the sensitivity of mid- and long-run climate change mitigation cost and benefit projections to assumptions about technology...
Persistent link: https://www.econbiz.de/10001628920
most frequently used indicators - R&D expenditure and patents - provide an incomplete picture as they represent inputs and …
Persistent link: https://www.econbiz.de/10012888552
In this Discussion Paper, we focus our analysis on the Lattes Platform - a public initiative developed endogenously in the late 1990s which was very innovative - since it is a representative case of a scientific platform and is a paramount tool for the Brazilian scientific system. Although there...
Persistent link: https://www.econbiz.de/10014429295
This paper studies the effect of regional spillovers on the rate of firm formation in two major West German industries for the time period from 1989 to 1993. I exploit regional variations in firm formation at the county level to identify the effects of historically given industry structure and...
Persistent link: https://www.econbiz.de/10011621492
We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are … license all its existing patents royalty-free. Thus, the path-breaking technologies developed by the Bell Laboratories became …-on innovation building on Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased …
Persistent link: https://www.econbiz.de/10011591035
Innovation is considered as a main driver of economic growth. Promoting the development of innovation through STI (science, technology and innovation) policies requires accurate indicators of innovation. Traditional indicators often lack coverage, granularity as well as timeliness and involve...
Persistent link: https://www.econbiz.de/10011959904