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Recent research on financial market valuation of the knowledge assets of publicly traded firms is surveyed. The … motivation for using a market value equation to price knowledge assets is discussed and the theory behind this equation is … value of the modern manufacturing corporation is strongly related to its knowledge assets, and that patent measures contain …
Persistent link: https://www.econbiz.de/10012471824
This paper summarizes a number of studies which use patent data to examine different aspects of technological change. It describes our firm level data set construction effort; reports on the relationship between RLD expenditures and the level of patenting; analyzes the relationship between...
Persistent link: https://www.econbiz.de/10012476987
A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...
Persistent link: https://www.econbiz.de/10012479723
I survey some recent research on the role of patents in encouraging innovation and growth in developing economies … discuss research on the implications of patents for international technology transfer and domestic innovation. This is … performance, and the impact on pharmaceutical patenting and domestic innovation. The conclusion suggests that patents may be …
Persistent link: https://www.econbiz.de/10012481786
innovation and international technology transfer in general. The literature suggests that patent protection in a host country … encourages technology transfer to that country but that its impact on innovation and development is much more ambiguous. We then …-related technologies. We conclude that the "double externality" problem, that is the presence of both environmental and knowledge …
Persistent link: https://www.econbiz.de/10012462333
that the total current period (static) welfare gains of introducing a process or a product innovation are, on average …
Persistent link: https://www.econbiz.de/10012462434
After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of … have been made of these data: the construction of scoreboards for monitoring innovation and the scholarly analysis of … various issue related to innovation. In particular we review the questions examined and the results obtained regarding the …
Persistent link: https://www.econbiz.de/10012462793
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10012463325
about the relationship between the patent system and innovation, in order to draw some tentative conclusions about their …
Persistent link: https://www.econbiz.de/10012463780
We take a first look at financial patents at the European Patent Office (EPO). As is the case at the US Patent and Trademark Office (USPTO), the number of financial patents in Europe has increased significantly in parallel with significant changes in payment and financial systems. Scholars have...
Persistent link: https://www.econbiz.de/10012463933