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The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012453261
This report surveys the empirical literature from economics and related fields on patents and innovation. In particular …, it reviews and synthesizes the empirical evidence on patents and first-generation innovation, the disclosure function of … patents, and patents and follow-on innovation. The main results are summarized in fifteen charts …
Persistent link: https://www.econbiz.de/10012481031
innovation and international technology transfer in general. The literature suggests that patent protection in a host country … encourages technology transfer to that country but that its impact on innovation and development is much more ambiguous. We then … externalities, implies that patent protection may not be the optimal instrument for encouraging innovation in this area, especially …
Persistent link: https://www.econbiz.de/10012462333
pharmaceutical patent protection alone does not stimulate domestic innovation, as estimated by the US patent awards (both raw counts … innovation acceleration and technology transfer, conditional upon certain country variables. In particular, the interaction …Research on the effects of patent protection on innovation and technology transfer in the cross-country pharmaceutical …
Persistent link: https://www.econbiz.de/10012462357
This paper considers the observational implications of social influences on adoption decisions for an environment of perfect foresight adopters. We argue that social influences can produce two observable effects: 1) discontinuities in unconditional adoption curves and 2) pattern reversals in...
Persistent link: https://www.econbiz.de/10012463584
This paper reviews our understanding of the growing open source movement. We highlight how many aspects of open source software appear initially puzzling to an economist. As we have acknowledge, our ability to answer confidently many of the issues raised here questions is likely to increase as...
Persistent link: https://www.econbiz.de/10012467731
In this paper we analyze the evidence from a large number of studies on three specific questions pertaining to R&D investment: (1) Are there diminishing returns to inventive activities? (2) What is the relationship between R&D and productivity and what are the magnitudes of the returns to a...
Persistent link: https://www.econbiz.de/10012474527
We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …
Persistent link: https://www.econbiz.de/10012476141
The paper explores the role of institutional mechanisms in generating technological knowledge spillovers. The estimation is over panel datasets of patent grants, and unpatented innovations that were submitted for prizes at the annual industrial fairs of the American Institute of New York, during...
Persistent link: https://www.econbiz.de/10012457934
This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …
Persistent link: https://www.econbiz.de/10014226110