Showing 1 - 10 of 13
under bidding competition. -- Acquisitions ; Entrepreneurship ; Innovation ; Start-ups ; Patent ; Ownership ; Quality …
Persistent link: https://www.econbiz.de/10003843246
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry-sale asymmetric information oligopoly model. We show that lowquality inventions are sold directly or used for own entry. Inventors who sell post-entry use entry to credibly reveal...
Persistent link: https://www.econbiz.de/10011742388
of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …
Persistent link: https://www.econbiz.de/10010472522
innovation. The dataset is complemented with indicators of patent quality (patent renewal, forward citations, and patent family …
Persistent link: https://www.econbiz.de/10012259861
This paper analyzes the effect of an increase in patent scope on R&D and innovation. It presents a model where patent … duplication of R&D. The model predicts that an increase in patent scope can increase the probability of innovation if the … incumbent's pro t increase from innovation is large and the patented technology has a small advantage over the alternative …
Persistent link: https://www.econbiz.de/10003809132
The rapid progress of electronic technology in recent decades has led to an increased technical complexity and wide functionality of many products. As a result man-machine interfaces, such as displays became more and more important, wherefore investments and technical progress in these...
Persistent link: https://www.econbiz.de/10009426491
It is frequently argued that policymakers should target high-tech firms, i.e., firms with high R&D intensity, because such firms are considered more innovative and therefore potential fast-growers. This argument relies on the assumption that the association among high-tech status, innovativeness...
Persistent link: https://www.econbiz.de/10010500774
Firms and governments spend billions of dollars on R&D every year. To increase social welfare, the results of R&D must be commercialized so that consumers can benefit from improved products and lower prices. One measure of R&D output is patents; however, most patent databases contain no...
Persistent link: https://www.econbiz.de/10010502667
Inventors generally know more about their inventions than what is written down in patent applications. Because they possess this tacit knowledge, inventors may need to play an active role when patents are commercialized. We build on Arora (1995) and model firm-inventor cooperation in the...
Persistent link: https://www.econbiz.de/10012224283
Economic theory predicts that outsourcing public services to private firms will reduce costs, but the effect on quality is ambiguous. We explore quality differences between publicly and privately owned ambulances in a setting where patients are as good as randomly assigned to ambulances of...
Persistent link: https://www.econbiz.de/10012296887