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We study the 1956 consent decree against the Bell System to investigate whether patents held by a dominant firm are harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an antitrust lawsuit that charged Bell with having...
Persistent link: https://www.econbiz.de/10011591035
on science is on average 2.9 million U.S. dollars more valuable than a patent in the same technology that is unrelated to …
Persistent link: https://www.econbiz.de/10012139030
ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms …
Persistent link: https://www.econbiz.de/10014479185
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...
Persistent link: https://www.econbiz.de/10013346735
This paper studies the relationship between patience and comparative development through a combination of reduced-form analyses and model estimations. Based on a globally representative dataset on time preference in 76 countries, we document two sets of stylized facts. First, patience is...
Persistent link: https://www.econbiz.de/10013189598
Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … activities in an economy. However, markets for technology are often underdeveloped or inefficient. Existing theory attributes … structural forces that shape the demand side of markets for technology. In this study, we reason that demand depends on the …
Persistent link: https://www.econbiz.de/10012109765
Persistent link: https://www.econbiz.de/10013428009
consistent with the existence of localization and urbanization effects. The emergence of high technology firms seems to be …
Persistent link: https://www.econbiz.de/10011621492
This paper examines the reasons for the declining path of inflation since the 1970s. In particular, it focusses on the role of globalization - covering both changes in the global market structure and technical and structural developments in trade and production. In addition, the paper deals with...
Persistent link: https://www.econbiz.de/10014551656
Based on a state policy perspective, this paper seeks to present the path of Brazil’s participation in United Nations (UN) peace operations, from its genesis in 1947 to the present day, with the intent to comprehend whether there is a progressive and evolutionary pattern in these engagement...
Persistent link: https://www.econbiz.de/10012486181