Showing 1 - 10 of 3,146
This paper studies localization of academic and industrial knowledge spillovers. Using data on U.S. Research and Development laboratories, that quantify spatial aspects of learning about universities and firms as well as their locations, I find that academic spillovers are more localized than...
Persistent link: https://www.econbiz.de/10012470432
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of countries with persistently different levels of income per...
Persistent link: https://www.econbiz.de/10012470576
Using application-level data from the Patent Office from 2001 to 2012, merged with personnel data on patent examiners …, we explore the extent to which the key decision of examiners--whether to allow a patent--is shaped by the granting styles … grant rate of her peer group, an examiner in her first two years at the Patent Office will experience a 0.15 standard …
Persistent link: https://www.econbiz.de/10012453554
Using detailed data on biotechnology in Japan, we find that identifiable collaborations" between particular university star scientists and firms have a large positive impact on firms'" research productivity, increasing the average firm's biotech patents by 34 percent development by 27 percent,...
Persistent link: https://www.econbiz.de/10012472457
other citations; (2) patents in the same patent class are approximately 100 times as likely to cite each other as patents … from different patent classes there is not a strong time pattern to this effect; (3) patents whose inventors reside in the …
Persistent link: https://www.econbiz.de/10012472296
presents estimates of the effect of patent protection on the depreciation rate. Results suggest that the yearly depreciation … averaging 8-9 per cent. Patent protection slows down the erosion of profits by about 1-2 percentage points …
Persistent link: https://www.econbiz.de/10012455608
Convergence in per capita income across countries turns on whether technological knowledge spillover are global or local. This paper estimates the amount of spillover from R&D expenditures in major industrialized countries on a geographic basis. A new data set is used which encompasses most of...
Persistent link: https://www.econbiz.de/10012471267
. However, the existing literature studying patterns of geographic proximity in patent citations or industrial co-location has …
Persistent link: https://www.econbiz.de/10013334366
This paper uses wavelets to decompose each stock's trading-volume variance into frequency-specific components. We find that stocks dominated by short-run fluctuations in trading volume have abnormal returns that are 1% per month higher than otherwise similar stocks where short-run fluctuations...
Persistent link: https://www.econbiz.de/10012455032
After the new plant opening, incumbent plants in winning counties experience a sharp relative increase in TFP. Five years after the opening, TFP of incumbent plants in winning counties is 12% higher than TFP of incumbent plants in losing counties. Consistent with some theories of agglomeration,...
Persistent link: https://www.econbiz.de/10012464813