Showing 1 - 10 of 756
We study how competition between two downstream firms affects an upstream innovator's innovation strategy, which … upstream innovation: at low levels of competition, market-wide licensing is optimal and competition reduces innovation, while … at high levels of competition targeted licensing is optimal and competition increases innovation. Empirical analysis …
Persistent link: https://www.econbiz.de/10012909132
of innovation, our results suggest that innovation in the tech sector has been more rapid than the rate that would be … of innovation in high-tech sectors has been more rapid than indicated by official statistics, then it is perhaps even …
Persistent link: https://www.econbiz.de/10012957301
We examine the impact of Chinese import competition on patenting, IT, R&D and TFP using a panel of up to half a million …-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … account for around 15% of European technology upgrading between 2000-2007. Rising Chinese import competition also led to falls …
Persistent link: https://www.econbiz.de/10013038317
The paper investigates whether patent fees are an effective mechanism to deter the filing of low-quality patent applications. The study analyzes the effect on patent quality of the Patent Law Amendment Act of 1982, which resulted in a substantial increase in patenting fees at the U.S. Patent and...
Persistent link: https://www.econbiz.de/10013031215
failure tolerance and a sharp guillotine helps explain when and where radical innovation occurs …
Persistent link: https://www.econbiz.de/10013035138
Though fundamental to innovation and essential to many industries and occupations, individual creativity has received … effects of competition on individuals' creative production. Using a sample of commercial logo design competitions, and a novel …, content-based measure of originality, I find that intensifying competition induces agents to produce original, untested ideas …
Persistent link: https://www.econbiz.de/10012911076
This paper examines the impact of government-sponsored venture capitalists (GVCs) on the success of enterprises. Using international enterprise-level data, we identify a surprising non-monotonicity in the effect of GVC on the likelihood of exit via initial public offerings (IPOs) or third party...
Persistent link: https://www.econbiz.de/10013069031
product market competition interact with the strength of patent rights. We provide empirical evidence of innovation responding … with step-by-step innovation models predicting that product market competition enhances innovation and, more importantly …, that patent protection can complement competition in inducing innovation …
Persistent link: https://www.econbiz.de/10013064451
beyond its traditional focus on static efficiency to account for innovation and address dynamic efficiency. Innovation can … fundamentally affect merger analysis in two ways. First, innovation can dramatically affect the relationship between the pre …-merger marketplace and what is likely to happen if a proposed merger is consummated. Thus, innovation can fundamentally influence the …
Persistent link: https://www.econbiz.de/10013324630
This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among … developed in which competition may increase the incremental profit from innovating; on the other hand, competition may also …
Persistent link: https://www.econbiz.de/10013230578