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How does antitrust enforcement against patent-based monopolies affect innovation? I address this question by … ordered to license all its copier-technology patents in the US and abroad. I show that this promoted innovation by other firms … available for licensing. This positive effect is driven by increased innovation by Japanese competitors. They started developing …
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
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
harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an …-on innovation building on Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased … only outside the telecommunications equipment industry. The lack of a positive innovation effect in the telecommunications …
Persistent link: https://www.econbiz.de/10011591035
within the Digital Layer. The firm-level innovation indicators in this study come from traditional sources (survey and patent …
Persistent link: https://www.econbiz.de/10012150751
Web-based innovation indicators may provide new insights into firm-level innovation activities. However, little is … Mannheim Innovation Panel (MIP) 2019 to analyze which website characteristics are related to innovation activities at the firm … show a better performance for the prediction of product innovations and innovation expenditures than for the prediction of …
Persistent link: https://www.econbiz.de/10012153221
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 …. In this paper, we propose a novel approach on how to create firm-level innovation indicators at the scale of millions of …
Persistent link: https://www.econbiz.de/10011959904
We analyze the effects of the 1984 breakup of the Bell System on the rate, diversity, and direction of US innovation … diversity of telecommunications innovation increased. Total patenting by US inventors related to telecommunications increased by …
Persistent link: https://www.econbiz.de/10014458851
Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The … throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the … Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete …
Persistent link: https://www.econbiz.de/10012888552
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