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Innovation and Productivity in SMEs : Empirical Evidence for Italy

Hall, Bronwyn H. - 2008

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

Persistent link: https://www.econbiz.de/10012464055

The Importance (or not) of Patents to UK Firms

Hall, Bronwyn H. - 2013

innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …

Persistent link: https://www.econbiz.de/10012459572

The Impact of the Dodd-Frank Act on Small Business

Bordo, Michael D. - 2018

There are concerns that the Dodd-Frank Act (DFA) has impeded small business lending. By increasing the fixed regulatory compliance requirements needed to make business loans and operate a bank, the DFA disproportionately reduced the incentives for all banks to make very modest loans and reduced...

Persistent link: https://www.econbiz.de/10012453215

The Future of EMU : What Does the History of Monetary Unions Tell Us?

Bordo, Michael D. - 1999

The creation of EMU and the ECB has triggered a discussion of the future of EMU. Independent observers have pointed to a number of shortcomings or hazard areas' in the construction of EMU, such as the absence of a central lender of last resort function for EMU, the lack of a central authority...

Persistent link: https://www.econbiz.de/10012471419

Do Enlarged Fiscal Deficits Cause Inflation : The Historical Record

Bordo, Michael D. - 2020

In this paper we survey the historical record for over two centuries on the connection between expansionary fiscal policy and inflation. As a backdrop, we briefly lay out several theoretical approaches to the effects of fiscal deficits on inflation: the earlier Keynesian and monetarist...

Persistent link: https://www.econbiz.de/10012482414

Harmonizing and Combining Large Datasets - An Application to Firm-Level Patent and Accounting Data

Thoma, Grid - 2010

This paper discusses methods for the harmonization and combination of large-scale patent and trademark datasets with each other and other sources of data. Dictionary- and rule-based approaches to the consolidation of applicant names in patent data are presented and shown to have both benefits...

Persistent link: https://www.econbiz.de/10012462801

A Long Term Perspective on the Euro

Bordo, Michael D. - 2008

This study grounds the establishment of EMU and the euro in the context of the history of international monetary cooperation and of monetary unions, above all in the U.S., Germany and Italy. The purpose of national monetary unions was to reduce transactions costs of multiple currencies and...

Persistent link: https://www.econbiz.de/10012464832

The market value of patents and R&D : Evidence from European firms

Hall, Bronwyn H. - 2007

patents account for a rising share of total patents in the USPTO and EPO. Moreover, some scholars of innovation and …

Persistent link: https://www.econbiz.de/10012465223

Post-Issue Patent "Quality Control" : A Comparative Study of US Patent Re-examinations and European Patent Oppositions

Graham, Stuart J. H. - 2002

We report the results of the first comparative study of the determinants and effects of patent oppositions in Europe and of re-examinations on corresponding patents issued in the United States. The analysis is based on a dataset consisting of matched EPO and US patents. Our analysis focuses on...

Persistent link: https://www.econbiz.de/10012469908

The Financing of Research and Development

Hall, Bronwyn H. - 2002

Evidence on the 'funding gap' for R&D is surveyed. The focus is on financial market reasons for underinvestment in R&D that persist even in the absence of externality-induced underinvestment. The conclusions are that 1) small and new innovative firms experience high costs of capital that are...

Persistent link: https://www.econbiz.de/10012469942