Showing 1 - 7 of 7
Based on an established theoretical framework of the drivers of inventive performance, the so-called KSAO (Knowledge, Skills, Abilities, and Other) factors, this paper seeks to explain empirically the performance of inventors throughout their careers. We combine survey information spanning the...
Persistent link: https://www.econbiz.de/10011381965
This study investigates how local milieus foster innovation success of firms. We complement the common practice of … availability of highly skilled labor and the proximity to suppliers matters for firms’ innovation performance. Interestingly …, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation. …
Persistent link: https://www.econbiz.de/10003634815
This study tests for financial constraints on R&D investment and how they differ from capital investment. To identify constraints in the access to external capital, we employ a credit rating index. Our models show that internal constraints, measured by mark-ups, are more decisive for R&D than...
Persistent link: https://www.econbiz.de/10003728587
We analyze financial constraints for R&D, where we account for heterogeneity among investments which has been neglected in previous literature. According to economic theory, investments should be distinguished by their degree of uncertainty, e.g. routine R&D versus cutting-edge R&D. Financial...
Persistent link: https://www.econbiz.de/10003618884
We analyze the impact of the probabilistic nature of patents on the functioning of Germany’s bifurcated patent litigation system where infringement and validity of a patent are decided independently by different courts. We show that bifurcation creates situations in which a patent is held...
Persistent link: https://www.econbiz.de/10010416329
Through a survey, economic value estimates were obtained on 962 inventions made in the United States and Germany and on which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents yielded a count of citations to those patents....
Persistent link: https://www.econbiz.de/10011440946
This study investigates how local milieus foster innovation success of firms. We complement the common practice of … availability of highly skilled labor and the proximity to suppliers matters for firms’ innovation performance. Interestingly …, location factors obtained from the survey provide a more accurate explanation on how local milieus facilitate innovation. …
Persistent link: https://www.econbiz.de/10003751840