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Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data

Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023

We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...

Persistent link: https://www.econbiz.de/10014322847

Invention Value, Inventive Capability and the Large Firm Advantage

Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022

Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...

Persistent link: https://www.econbiz.de/10013362008

The anatomy of Chinese innovation : insights on patent quality and ownership

Boeing, Philipp; Brandt, Loren; Dai, Ruochen; Lim, Kevin; … - 2024

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/10014502754

Innovation and the Enforceability of Noncompete Agreements

Johnson, Matthew S.; Lipsitz, Michael; Pei, Alison - National Bureau of Economic Research - 2023

Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …

Persistent link: https://www.econbiz.de/10014322874

Why don't women patent?

Hunt, Jennifer; Garant, Jean-Philippe; Herman, Hannah; … - 2012

We investigate women's underrepresentation among holders of commercialized patents: only 5.5% of holders of such patents are female. Using the National Survey of College Graduates 2003, we find only 7% of the gap in patenting rates is accounted for by women's lower probability of holding any...

Persistent link: https://www.econbiz.de/10009629780

Bankrupt Innovative Firms

Ma, Song; Tong, Joy Tianjiao; Wang, Wei - National Bureau of Economic Research - 2021

This paper studies how innovative firms manage their innovation portfolios after filing for Chapter 11 reorganization …

Persistent link: https://www.econbiz.de/10012533405

Immigrant entrepreneurs and innovation in the U.S. high-tech sector

Brown, J. David; Earle, John S.; Kim, Mee Jung; Lee, … - 2019

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

Persistent link: https://www.econbiz.de/10011986036

Innovation and SMEs patent propensity in Korea

Han, Junghee; Heshmati, Almas - 2015

automotive parts industry, is negatively related with propensity to patent innovation. Also, unlike expectations, the InnoBiz …

Persistent link: https://www.econbiz.de/10010470885

Profit taxation, R&D spending, and innovation

Lichter, Andreas; Löffler, Max; Isphording, Ingo Eduard; … - 2021

We study how profit taxation affects plants' R&D spending and innovation activities. Relying on geocoded survey panel …

Persistent link: https://www.econbiz.de/10012697801

Filling the gap : the consequences of collaborator loss in corporate R&D

Poege, Felix; Gäßler, Fabian; Hoisl, Karin; Harhoff, … - 2022

We examine how collaborator loss affects knowledge workers in corporate R&D. We argue that such a loss affects the remaining collaborators not only by reducing their team-specific capital (as argued in the prior literature) but also by increasing their bargaining power over the employer, who is...

Persistent link: https://www.econbiz.de/10013414730