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This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
Persistent link: https://www.econbiz.de/10011114166
dispensing equipment, the immediate predecessor to the ATM. At the simplest level, at least four separate instance of innovation … than an understanding of the process of innovation itself and how these competing families developed into the modern … conception of an ATM. Our research supports the view of user-driven innovation as surviving business records and oral histories …
Persistent link: https://www.econbiz.de/10005789966
Domestic Innovation (GDI) to quantify innovations in OECD countries. It will supplement universal measures such as the Gross …
Persistent link: https://www.econbiz.de/10005621804
We look at the effect of the US Sarbanes-Oxley (SOX) financial regulation on industrial innovation. Our theoretical …
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This paper examines the direction of causality between Venture Capital (VC) and innovation (proxied by patents) in … suggesting that, in Europe, innovation seems to create a demand for VC and not VC a supply of innovation. In this sense …
Persistent link: https://www.econbiz.de/10009647272