Showing 1 - 10 of 271
Starting from the failure of the R&D-patents traditional relationship, when time-series and/or within industry … directions. Firstly, it perform a Granger causality test on the theoretical presumption of a reverse patents→R&D link as an … explanation of the failure of the traditional relationship. Second, assuming the reverse patents-R&D causality, we test and …
Persistent link: https://www.econbiz.de/10011258883
In this note, we explore the different implications of patent breadth and R&D subsidies on economic growth and endogenous market structure in a Schumpeterian growth model. We find that these two policy instruments have the same positive effect on economic growth when the model exhibits...
Persistent link: https://www.econbiz.de/10011261186
This paper looks at the relationship between patents and economic growth in Japan and South Korea using both individual … logarithms of real GDP and the number of patents are cointegrated. For South Korea, we do find such evidence. For Japan, we find … a two-way causality between the growth of real GDP and the growth of the number of patents. For panel data, we find that …
Persistent link: https://www.econbiz.de/10005260136
This paper examines the direction of causality between Venture Capital (VC) and innovation (proxied by patents) in … Europe. We test whether causality runs from patents to VC by estimating a linear dynamic panel model and causality from VC to … patents by estimating a panel count model. Evidence from a European sample indicates that causality runs from patents to VC …
Persistent link: https://www.econbiz.de/10009647272
This paper discusses the extent and the determinants of the internationalization of European inventive activity, between 1990 and 2005, using an innovative method to treat the information contained in the European Patent Office's Patstat database. We introduce a new set of indicators measuring...
Persistent link: https://www.econbiz.de/10008527380
Technischer Fortschritt ist eine der wichtigsten Triebkräfte der wirtschaftlichen Entwicklung von Unternehmen, Wirtschaftszweigen und Volkswirtschaften. Die Auseinandersetzung mit der Natur, Determinanten und Konsequenzen dieses Phänomens steht seit einiger Zeit im Zentrum der theoretischen...
Persistent link: https://www.econbiz.de/10005620039
This paper discusses the extent and the determinants of the internationalization of European inventive activity, between 1990 and 2004, using an innovative method to treat the information contained in the European Patent Office's Patstat database. The observed level of internationalization of...
Persistent link: https://www.econbiz.de/10005621297
This letter explores the different implications of patent breadth and R&D subsidies on economic growth and endogenous market structure in a Schumpeterian model. We find that the two policy instruments have the same positive effect on economic growth when the model exhibits scale effects under a...
Persistent link: https://www.econbiz.de/10011107763
risks and strengthen the role of technological diffusion of the patents. …
Persistent link: https://www.econbiz.de/10011111402
This paper studies the diffusion of knowledge and its consequences for local innovation production. In a common framework, we analyze the geographic reach of different channels of knowledge flows that thus far have been studied separately in the literature. To jointly estimate these flows, we...
Persistent link: https://www.econbiz.de/10011114079