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U.S. v. Microsoft and the related state suit filed in 1998 appear finally to have concluded. In a unanimous en banc decision issued in late June 2004, the D.C. Circuit Court of Appeals rejected challenges to the remedies approved by the District Court in November 2002. The wave of follow-on...
Persistent link: https://www.econbiz.de/10014061553
Nearly a quarter of Mexico's workforce is self employed. But in the U.S. rates of self employment among Mexican Americans are only 6 percent, about half the rate among non-Latino whites. Using data from the Mexican and U.S. population census, we show that neither industrial composition nor...
Persistent link: https://www.econbiz.de/10013065886
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner characteristics and innovation activities. We find uniformly...
Persistent link: https://www.econbiz.de/10012892563
We use Census micro data to shed new light on how growth in house prices boosts US entrepreneurship. At the height of …-level relationship between house price increases and entrepreneurship operates through expansion of the home equity collateral channel … entrepreneurship observed in city-level analyses comes from higher local demand that boosts entry. Our results provide a nuanced …
Persistent link: https://www.econbiz.de/10013017499
The growth in inventive activity during early American industrialization is explored by examining the careers of 160 inventors credited with important technological discoveries. Analysis of biographical information and complete patent histories through 1865 indicates that these 'great inventors'...
Persistent link: https://www.econbiz.de/10013247299
Angel investor tax credits are used globally to spur high-growth entrepreneurship. Exploiting their staggered … evidence that direct subsidies to firms have positive effects, raising concerns about promoting entrepreneurship with investor …
Persistent link: https://www.econbiz.de/10013291112
of immigrants in entrepreneurship. We ask how often immigrants start companies, how many jobs these firms create, and how …" than "job takers" and that non-U.S. born founders play outsized roles in U.S. high-growth entrepreneurship …
Persistent link: https://www.econbiz.de/10013298486
This paper documents a shift in the nature of innovation in the information technology (IT) industry. Using comprehensive data on all IT patents granted by the USPTO from 1980-2002, we find strong evidence of a change in IT innovation that is systematic, substantial, and increasingly dependent...
Persistent link: https://www.econbiz.de/10013069641
The impact of stronger intellectual property rights in the software industry is controversial. One means by which patents can affect technical change, industry dynamics, and ultimately welfare, is through their role in stimulating or stifling entry by new ventures. Patents can block entry, or...
Persistent link: https://www.econbiz.de/10012751721
To what extent are firms kept out of a market by patents covering related technologies? Do patents held by potential entrants make it easier to enter markets? We estimate the empirical relationship between market entry and patents for 27 narrowly defined categories of software products during...
Persistent link: https://www.econbiz.de/10012752098