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This paper studies how the assignment of patents as collateral determines the savings of firms and magnifies the effect of innovative rents on investment in research and development (R&D). We analyse the behaviour of innovative firms that face random and lumpy investment opportunities in R&D....
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belief in the innovation-boosting effect of product market deregulation such as taken into account in the Lisbon Strategy. …
Persistent link: https://www.econbiz.de/10010738552
belief in the innovation-boosting effect of product market deregulation such as taken into account in the Lisbon Strategy. …
Persistent link: https://www.econbiz.de/10010707541
This article contributes to the literature on competition and innovation. It tests the impact of market regulation on … innovation conditional to the closeness to the technological frontier with a panel of 15 industries for 17 OECD countries over … intensity with the proximity to the frontier. A simple model of innovation and growth shows that one should not necessarily …
Persistent link: https://www.econbiz.de/10010708354
belief in the innovation-boosting effect of product market deregulation such as taken into account in the Lisbon Strategy. …
Persistent link: https://www.econbiz.de/10005670866
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