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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...
Persistent link: https://www.econbiz.de/10012139072
Process innovation is an important part of firms’ innovation activities and supposed to significantly contribute to positive returns from innovation. Measuring process innovation output at the firm level is still in its infancy, however. This paper reports empirical evidence on measures of...
Persistent link: https://www.econbiz.de/10012816564
activities in an economy. However, markets for technology are often underdeveloped or inefficient. Existing theory attributes …
Persistent link: https://www.econbiz.de/10012109765
Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation capabilities and economic performance. However, empirical evidence on how the digital transformation may affect their success story remains scarce. I argue that HCs show stronger...
Persistent link: https://www.econbiz.de/10012314933
Hidden Champions (HCs) are firms unknown to the wider public, but global leaders in the niche markets they serve. This paper looks at distinctive features of these firms, focusing on their dynamic capabilities. Employing a unique data base on German firms, we identify a representative sample of...
Persistent link: https://www.econbiz.de/10011997801
This paper estimates the effect of heterogeneous university funding stemming from the German Excellence Initiative on a regional firm’s probability to innovate by using a multi-valued two-way fixed effects difference-in-differences model. The estimations show that funding an additional...
Persistent link: https://www.econbiz.de/10014232721
contribute by i) developing a comprehensive theory on the effects of winning non-innovative public procurement tenders as a firm … and ii) empirically testing our theory by combining representative German data with two-way fixed effect difference … results confirm our theory and empirically hold at the level of the individual firm and the German enterprise sector. …
Persistent link: https://www.econbiz.de/10014502117
We study the blocking effect of patents on follow-on innovation by others. We posit that follow-on innovation requires freedom to operate (FTO), which firms typically obtain through a license from the patentee holding the original innovation. Where licensing fails, follow-on innovation is...
Persistent link: https://www.econbiz.de/10014503038
We study the implications of services trade for firm innovation. Using a quasi-experimental shift-share design, we find that access to foreign knowledge-related services improves the innovativeness of domestic firms and complements their indigenously sourced R&D. To confront this evidence, we...
Persistent link: https://www.econbiz.de/10015048739
Persistent link: https://www.econbiz.de/10003335382