Showing 1 - 10 of 17
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 …
Persistent link: https://www.econbiz.de/10011110292
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 profit increase from innovation is large and the patented technology has a small advantage over the alternative …
Persistent link: https://www.econbiz.de/10005207060
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
The aim of this paper is to study empirically the patenting propensity at the European regional level. To do that we use the OECD-REGPAT dataset, that includes patent applications made by European inventors and applicants to EPO in the time-span 1978-2011. Explanatory variables on R&D and human...
Persistent link: https://www.econbiz.de/10011257957
Innovation plays a crucial role in determining today’s economic growth patterns. But what enables some countries to … significant negative influence. Governmental funding and research performance of universities encourage more innovation at the …
Persistent link: https://www.econbiz.de/10005622092
In this paper, I analyze the commercialization of patents in the Swedish medicine & hygiene sector. A unique database makes it possible to use a new method, where I follow the commercialization process of individual patents. A surprisingly low share (10%) of the inventions was discovered at...
Persistent link: https://www.econbiz.de/10005645394
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/10011249390