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Patents for inventions are at the crossroad of law, technology and economics, with the Patent System resting on two fundamental assumptions: one, that technical progress is desirable and that disclosure is preferable to secrecy; two, that a competitive market economy is in the public interest,...
Persistent link: https://www.econbiz.de/10005087100
The main goal of this paper is to assess the impact of product innovation on the economic performance of firms … dataset on Italian firms we estimate, by means of propensity scores matching methods, a positive and significant “innovation …. We also find that this innovation premium is particularly large for small firms and even more so when considering new …
Persistent link: https://www.econbiz.de/10008683419