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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
, but only for firms that engage in in-licensing and only for product innovation. The relationship between fragmentation and …
Persistent link: https://www.econbiz.de/10003784653
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003888735
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003671082
This paper analyzes the importance of equity finance for the R&D activity of small and medium-sized enterprises. We use information on almost 6000 German SMEs from a company survey. Using the intensity of banking competition at the district level as instrument to control for endogeneity, we find...
Persistent link: https://www.econbiz.de/10003301146
higher innovative performance for firms that do not in-license. Furthermore, the effects of fragmentation on innovation also …
Persistent link: https://www.econbiz.de/10003922582
mezzanine capital, when facing a loan denial. -- Investment ; loan availability ; innovation ; private equity …
Persistent link: https://www.econbiz.de/10003961525
The paper develops an oligopoly model of innovation and applies it to data from the Mannheim Innovation Panel. The … complexity, etc. are important determinants of overall innovation expenditures, but not for R&D specifically. If legal protection … affect the innovation activity of the firm. Specification tests derived from the theoretical model do not lead to a rejection …
Persistent link: https://www.econbiz.de/10011440888
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
In Deutschland beanspruchen gleich zwei Ressorts, das Bundesministerium für Bildung und Forschung (BMBF) sowie das Bundesministerium für Wirtschaft und Technologie (BMWi) die Zuständigkeit für die deutsche Innovationspolitik. Dieses für den Bund offensichtlich bedeutsame Politikfeld...
Persistent link: https://www.econbiz.de/10011446955