Showing 1 - 10 of 112
This study investigates empirically whether patents can be signals to financial markets, thus reducing problems of … that a less ‘applicant friendly’ patenting system increases the credibility of patents as signals and their value for IPO …
Persistent link: https://www.econbiz.de/10010906513
by applying it to analyze interactions between product-related patents and three other appropriability mechanisms. To … communications equipment company. As a result, we find the number of product-related patents to be complementary to the overall size … indications of a substitutive interaction with lead time advantages. Hence, the effectiveness of patents seems to be leveraged by …
Persistent link: https://www.econbiz.de/10011046467
Technological imitation may play a crucial role in motivating firms to innovate. However, theoretical predictions and empirical findings on the role of imitation have not yet reached a consensus. One major gap in the previous studies is that the empirical tests are based on samples consisting of...
Persistent link: https://www.econbiz.de/10012902478
returns by technology and cumulative patent value. While the returns earned by most patents dissipate rapidly, high valued … patents tend to receive significant returns through the latter part of the patent term. These high valued patents which … selectively renew the subset of high valued patents. …
Persistent link: https://www.econbiz.de/10010906511
(BioPat) containing patents in the field of biofuels selected using appropriate keywords and classified according to the …
Persistent link: https://www.econbiz.de/10011208734
Transaction costs and contracting problems associated with proliferation of patents may have a negative impact on … larger, more R&D intensive, and had more patents than the corresponding median firm. After controlling for firm …
Persistent link: https://www.econbiz.de/10011046422
There is growing political pressure on universities to intensify their interaction with industry and to enlarge their own research funding options, in a context characterised by increasing constraints on public spending. However, whether the successful achievement of such a political desired...
Persistent link: https://www.econbiz.de/10010594484
In the late 1980s and early 1990s, concern over dioxin in both paper products and wastewater led to the development of techniques that reduced the use of chlorine in the pulp industry. Both regulatory and consumer pressure motivated this change. Unlike previous studies, we use patent data to...
Persistent link: https://www.econbiz.de/10010572689
Innovating firms are likely to face several challenges and experience different types of barriers. In this paper we argue that it is necessary to distinguish between two kinds of barriers to innovation. The first corresponds to what we describe as revealed barriers and reflects the degree of...
Persistent link: https://www.econbiz.de/10010869313
This paper empirically investigates whether corporate governance practices implemented to align shareholders’ and managers’ interests affect the resources firms devote to R&D. Two databases – one on governance ratings and one on R&D investment – are merged to obtain a multi-country,...
Persistent link: https://www.econbiz.de/10011193851