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. While the individual effects of engaging in the listed practices on firm innovation are well-understood, the existing … sample of innovation-active firms from the German Community Innovation Survey, which includes information on the development … of standards, enhanced with information on firms' engagement in patenting and publishing. We find that 26% of innovation …
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product innovation is stronger when firms provided feedback at the interim stages. In contrast, whether and how firms set … milestones was not associated with the likelihood of product innovation. The marginal effect of feedback was larger for new …-to-market product innovation than for new-to-firm product innovation, and the feedback from non-R&D organizations within the firm in the …
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This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors. The patent data are linked with survey data that provide information on an extensive...
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Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …
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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...
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