within a company group. However, the previous literature has rather focused on studying the impact of taxation on patent … by estimating and comparing the tax elasticities of two different types of intangibles - patents and trademarks. We … employ data on European and US patent and trademark applications in the period of 1996-2012 and estimate a multinomial logit …

-in-difference regressions on firms' debt allows deducting treatment effects of using patents as collateral. We find that patent pledging enables …We investigate how intangible capital in form of intellectual property, such as patents, might mitigate financing … constraints. While scholars have already argued that patents might have a signalling value reducing information asymmetries …

on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …

main focus is the direct impact of subsidies on R&D and the indirect effect on innovation output measured by patent … of a patent production function. It turns out that both purely privately financed R&D and publicly induced R&D show a …

investment into innovative activity. In addition, the role of debt financing is analyzed. Subsequently the results from an … empirical study on the determinants of innovative activity measured by patent applications are presented. A sample of German …

competition towards competition based on technical inventions, a worldwide surge in patenting took place, and the ?patent thicket … manufacturing in 2000, it turns out that patents are important to protect intellectual property in the market, whereas secrecy seems …

The effect of innovations on employment at the firm level is theoretically ambiguous. The present paper analyses this … relationship using panel data on German start-up firms as well as German patent data. It employs different indicators of patenting …

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent … holders. The paper focuses on those full-term German patents of the application year 1977 which were held by West German and U ….S. residents. The most valuable patents in our data account for a large fraction of the cumulative value over all observations …

value of patents and their potential to block competitors in technology markets. Our empirical results for European firm … firms with valuable patents. However, patents with a potential to block technology competitors seem to be only of interest … to corporate investors, especially if these are closely related to the patent portfolio of the acquirer. …

's patents, especially if blocking patents are in technology fields related to the acquiring firm's patent portfolio. Our results …Gaining access to technological assets and patents, in particular, has long been a major motive and objective for firm … acquisitions. On the one hand, patents are used as a building instrument for the acquirer's technology portfolio. On the other hand …