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and patents. We document key empirical facts on inventors' productivity over the life cycle, inventors' research teams …, and interactions with other inventors. Among others, most patents are the result of collaborative work. Interactions with …An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with …
Persistent link: https://www.econbiz.de/10012453248
invention. We identify the relationships through firm-specific exposure to changes in federal agency R\&D budgets that are … innovation in firms. However, inventions from universities and public research institutes substitute for corporate inventions and …
Persistent link: https://www.econbiz.de/10014437030
When firms recruit inventors, they acquire not only the use of their skills but also enhanced access to their stock of …-move patents. Specifically, we employ a difference-in-differences approach to compare pre-move versus post-move citation rates for … the recruits' prior patents and the corresponding matched-pair control patents. Our methodology has three benefits …
Persistent link: https://www.econbiz.de/10012462781
Employing a sample of renowned U.S. inventors that combines biographical detail with information on the patents they … from trading their patent rights. The usefulness of the 19th century U.S. patent system to inventors with humble origins … received over their careers, we highlight the impact of early U.S. patent institutions in providing broad access to economic …
Persistent link: https://www.econbiz.de/10012467721
methods of inventing. For hybrid seed corn, the enabling invention was double-cross hybridization yielding highly productive …
Persistent link: https://www.econbiz.de/10012468873
At least since Arrow (1962), the effects of appropriability on invention have been well studied, but there has been … terminate or commercialize the invention is driven by the current market value of the invention, as well as the option value of … risks. We find that better appropriability in the sense of more effective patent strength and secrecy has a strong negative …
Persistent link: https://www.econbiz.de/10012468963
, as well as the types of patented innovations pursued by these inventors. Business data allows us to highlight how patents … and black inventors. Household inventors tend to work in consumer product areas compared to traditional business patents …We link USPTO patent data to U.S. Census Bureau administrative records on individuals and firms. The combined dataset …
Persistent link: https://www.econbiz.de/10012480910
We document political sentiment effects on US inventors. Democratic inventors are more likely to patent (relative to … strong among politically active partisans and are present even within firms over time. Patenting by immigrant inventors …
Persistent link: https://www.econbiz.de/10014337851
. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …Such institutions as patent systems cannot be well understood without an assessment of technological creativity in …
Persistent link: https://www.econbiz.de/10012457935
sold on a market for patents. A firm can sell an idea that is not relevant to its business or buy one if it fails to … innovate. The developed model is matched up with stylized facts about the market for patents in the U.S. The analysis attempts … to gauge how efficiency in the patent market affects growth …
Persistent link: https://www.econbiz.de/10012458900