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Monitoring by institutional investors can act as an important mechanism to promote firm innovation. By investigating Chinese listed firms' patenting between 2002 and 2011, we find that the presence of institutional investors enhances firm innovation. Consistent with the monitoring view, we...
Persistent link: https://www.econbiz.de/10011591957
to financing constraints, but also do not seem to benefit from a patent quality signal. …
Persistent link: https://www.econbiz.de/10010341887
within a company group. However, the previous literature has rather focused on studying the impact of taxation on patent … employ data on European and US patent and trademark applications in the period of 1996-2012 and estimate a multinomial logit …
Persistent link: https://www.econbiz.de/10011433505
Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example age and education as drivers of patenting success have biased coefficients and too high...
Persistent link: https://www.econbiz.de/10011433501
do so, we construct a firm-level panel data set for the years 1992-2009 combining patent data from the European Patent …
Persistent link: https://www.econbiz.de/10011436068
Die heutige intensive Auseinandersetzung mit dem Fragenkomplex "technischer Fortschritt" hat verschiedene historische Wurzeln und entstammt verschiedenen Forschungsrichtungen. Technischer Fortschritt wird heute von den meisten Ökonomen als ökonomisches Phänomen anerkannt, dem volle...
Persistent link: https://www.econbiz.de/10011440595
which German patent renewal fees were paid to full-term expiration in 1995. A search of subsequent U.S. and German patents … allowed to expire before their full term. The higher an invention's economic value estimate was, the more the relevant patent …
Persistent link: https://www.econbiz.de/10011440946
We explore the tail of patented invention value distributions by using value estimates obtained directly from patent …
Persistent link: https://www.econbiz.de/10011440960
This paper tests a number of hypotheses on the use and effectiveness of patents and trade secrets designed to protect innovation. While previous studies have often considered patents and trade secrets as substitutes for one another, we investigate the complementary role of the two protection...
Persistent link: https://www.econbiz.de/10011539042
China recently surpassed the USA as the greatest global source of patent applications. However, without internationally … comparable measures of patent quality it remains questionable whether China's patent expansion constitutes the rise of a new … internationally comparable, quality-adjusted figures for applications made under the Patent Cooperation Treaty (PCT). We show that …
Persistent link: https://www.econbiz.de/10011497061