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Defacto and Deeded Intellectual Property : Knowledge-Driven Co-Evolution of Firm Collaboration Boundaries and IPR Strategy
Zucker, Lynne G. - 2014
Research on intellectual property has focused on formal legally recorded rights that we call deeded, most often measured by granted patents. Meanwhile, other "defacto" IP (mainly purposive secrecy and natural excludability) has become more important because of the increasing closeness of...
Persistent link: https://www.econbiz.de/10013052123
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Dancing with the Stars : Innovation Through Interactions
Akcigit, Ufuk - 2018
An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …
Persistent link: https://www.econbiz.de/10012922975
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Knowledge Transfer Abroad : The Role of U.S. Inventors within Global R&D Networks
Branstetter, Lee - 2018
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012922984
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Taxes, Technology Transfer, and the R&D Activities of Multinational Firms
Hines Jr., James R. - 2021
Multinational firms that use domestic technologies in foreign locations are required to pay royalties from foreign users to domestic owners. Foreign governments often tax these royalty payments. High royalty tax rates raise the cost of imported technologies. This paper examines the effect of...
Persistent link: https://www.econbiz.de/10013310220
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Shirking, Sharing Risk, and Shelving : The Role of University License Contracts
Thursby, Marie C.; Thursby, Jerry G.; Dechenaux, Emmanuel - 2021
In this paper, we develop a theoretical model of university licensing to explain why university license contracts often include payment types that differ from the fixed fees and royalties typically examined by economists. Our findings suggest that milestone payments and annual payments are...
Persistent link: https://www.econbiz.de/10013225959
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Inventor Moral Hazard in University Licensing : The Role of Contracts
Dechenaux, Emmanuel - 2015
We examine commonly observed forms of payment, such as milestones, royalties, or consulting contracts as ways of engaging inventors in the development of licensed inventions. Our theoretical model shows that when milestones are feasible, royalties are not optimal unless the licensing firm is...
Persistent link: https://www.econbiz.de/10012750133
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Are Elite Universities Losing Their Competitive Edge?
Kim, E. Han - 2006
We study the location-specific component in research productivity of economics and finance faculty who have ever been affiliated with the top 25 universities in the last three decades. We find that there was a positive effect of being affiliated with an elite university in the 1970s; this effect...
Persistent link: https://www.econbiz.de/10012780068
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Commercializing Knowledge : University Science, Knowledge Capture, and Firm Performance in Biotechnology
Zucker, Lynne G.; Darby, Michael R.; Armstrong, Jeff S. - 2021
Commercializing knowledge involves transfer from discovering scientists to those who will develop it commercially. New codes and formulae describing discoveries develop slowly - with little incentive if value is low and many competing opportunities if high. Hence new knowledge remains naturally...
Persistent link: https://www.econbiz.de/10013237924
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University Research, Industrial R&D, and the Anchor Tenant Hypothesis
Agrawal, Ajay K.; Cockburn, Iain M. - 2021
innovation system,' and these appear to vary markedly in their ability to convert local academic research into local commercial … innovation. We develop and test the hypothesis that the presence of a large, local, R&D-intensive firm an anchor tenant' enhances … the productivity of local innovation systems by making local university research more likely to be absorbed by and to …
Persistent link: https://www.econbiz.de/10013243922
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Have R&D Spillovers Changed?
Lucking, Brian - 2019
This paper revisits the results of Bloom, Schankerman, and Van Reenen (2013) examining the impact of R&D on the performance of US firms, especially through spillovers. We extend their analysis to include an additional 15 years of data through 2015, and update the measures of firms' interactions...
Persistent link: https://www.econbiz.de/10012899262