The pace of innovation is related both to the level of investment in innovation and the pool of knowledge from which … and design of IPR affects the extent to which any innovation adds to or subtracts from the pool of ideas that are … lead to a lower pace of innovation, and more generally, that long run effects may be the opposite of the short run effects …

It is well known that patent citations occur disproportionately between patents issued to inventors living in the same … location, which has been taken as evidence of geographically localized knowledge spillovers. In this study, we find that patent … citations also occur disproportionately often in locations where the cited inventor was living prior to being issued the patent …

This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the probability that a firm in the manufacturing and service sectors applies for a patent during 2005-2009, but no … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …

locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as … firm's own prior inventions (as measured by citations to their own prior patents) relative to what would be expected given …

with new data on patent citations to scientific publications by corporations. Using data on 4,736 firms for the period 1980 …

patent)--and their hits tend to generate more follow-on patents assigned to other firms when compared to hits generated by …We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in … generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the …

-19% fewer citation-weighted patents over the following 10 years. This effect reflects a true loss in innovation rather than a …Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete …

recording dates for US patents purchased by publicly traded corporations, we predict and find earlier disclosure of patent … strategic disclosure of patent acquisitions and the conditions under which firms trade the benefits of competitor deterrence … acquisitions when the buyer works on related technologies and is better positioned to enforce the patents (i.e., is large and …