Showing 1 - 10 of 1,106
We examine the role of spillover learning in shaping the value of exploratory versus incremental R&D. Using data from drug development, we show that novel drug candidates generate more knowledge spillovers than incremental ones. Despite being less likely to reach regulatory approval, they are...
Persistent link: https://www.econbiz.de/10014287391
This paper uses a large language model to develop an ex-ante measure of the commercial potential of scientific findings. In addition to validating the measure against the typical holdout sample, we validate it externally against 1.) the progression of scientific findings through a major...
Persistent link: https://www.econbiz.de/10014512116
,786 public corporations, and measures of both patent quality and patent value, we find that, while average invention value rises …
Persistent link: https://www.econbiz.de/10013362008
startup advantage in terms of forward citations and outlier-patent rates. Further, startup innovation is both more original …
Persistent link: https://www.econbiz.de/10013362016
This paper proposes a novel approach to measure disclosure in patent applications using algorithms from computational ….S. applications in three patent categories related to nanotechnology, batteries, and electricity from 2000 to 2019. Relying on the … for different source documents that patent attorneys can draw on, we confirm the relevance and usefulness of the …
Persistent link: https://www.econbiz.de/10012481106
This paper assesses the validity and accuracy of firms' backward patent citations as a measure of knowledge flows from … associated with backward citations to both patent and nonpatent references. We find that patent citations reflect the codified …, as well as those used in firm basic research. We also find that firms' patenting and citing strategies affect patent …
Persistent link: https://www.econbiz.de/10012460369
University-based scientific research has long been argued to be a central source of commercial innovation and economic growth. Yet at the same time, there have been long-held concerns that many university-based discoveries never realize their potential social benefits. Looking across...
Persistent link: https://www.econbiz.de/10014468269
This chapter reviews the data and literature on gender, race and ethnicity differences in research funding in the United States and Europe. The gender gap in research funding has closed at the National Science Foundation and National Institutes of Health in the United States and substantially...
Persistent link: https://www.econbiz.de/10013334326
impact of the crisis appears in citation-weighted patent output after 3 to 5 years. Finally, we show that if other firms …
Persistent link: https://www.econbiz.de/10014337755
This paper discusses methods for the harmonization and combination of large-scale patent and trademark datasets with … patent data are presented and shown to have both benefits and drawbacks in isolation. We combine the two methods and develop … a set of rules and dictionaries to consolidate European, Patent Cooperation Treaty (PCT) and US patent data with firm …
Persistent link: https://www.econbiz.de/10012462801