Showing 1 - 10 of 3,195
presents estimates of the effect of patent protection on the depreciation rate. Results suggest that the yearly depreciation …This paper presents estimates of the R&D depreciation rate using survey data on Australian inventions. Its novelty is … rate varies in a range of 1 to 5 per cent, although the depreciation rate is stronger in the first two years of inventions …
Persistent link: https://www.econbiz.de/10012455608
estimation of the value of patent rights based on European patent renewal data; and describes the use of patent data to estimate …This paper summarizes a number of studies which use patent data to examine different aspects of technological change … the importance of R&D spillovers. It concludes that patent data represent a valuable resource for the analysis of …
Persistent link: https://www.econbiz.de/10012476987
While policymakers often assume venture capital has a profound impact on innovation, that premise has not been … address concerns that these results are an artifact of our use of patent counts by demonstrating similar patterns when other … measures of innovation are used in a sample of 530 venture-backed and non-venture-backed firms …
Persistent link: https://www.econbiz.de/10012471966
In this paper, I argue that intangible capital is not a distinct input to production like physical capital or labor but rather it is the glue that creates value from other inputs. This perspective naturally leads to an empirical model in which intangible capital is defined in terms of adjustment...
Persistent link: https://www.econbiz.de/10012468773
briefly presented. Then the empirical literature that relates Tobin's q or the market to book value ratio to R&D and patent … 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
, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study … is the first to relate natural disasters to technology innovation, and also presents the first attempt to empirically …
Persistent link: https://www.econbiz.de/10012459440
Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …
Persistent link: https://www.econbiz.de/10012457764
carefully coordinated features of a more comprehensive income tax, including the indexation of interest, depreciation, and …
Persistent link: https://www.econbiz.de/10012477425
We develop a forward-looking profit model to estimate the depreciation rates of business R&D capital. By using data …-specific R&D depreciation rates. The results comprise a set of R&D depreciation rates for major U.S. high-tech industries. They … percent and vary across industries. The relative ranking of the constant R&D depreciation rates among industries is consistent …
Persistent link: https://www.econbiz.de/10012456204
Low-quality patents are of considerable concern to businesses operating in patent-dense markets. There are two pathways … by which low-quality patents may be issued: the patent office may apply systematically a standard that is too lenient … (low inventive step threshold); or the patent office may grant patents that are, in fact, below its own threshold (so …
Persistent link: https://www.econbiz.de/10012456431