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Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …

Persistent link: https://www.econbiz.de/10010291511

Induced automation: evidence from firm-level patent data

Dechezleprêtre, Antoine; Hémous, David; Olsen, Morten; … - 2021

Do higher wages lead to more automation innovation? To answer this question, we first use the frequency of certain … keywords in patent text to create a new measure of automation innovation in machinery. We show that our measure is correlated …-level panel analysis, we find that an increase in low-skill wages leads to more automation innovation with an elasticity between 2 …

Persistent link: https://www.econbiz.de/10012510635

Acquisitions for sleep

Norbäck, Pehr-Johan; Olofsson, Charlotta; Persson, Lars - In: The B.E. journal of economic analysis & policy 20 (2020) 2, pp. 1-13

Persistent link: https://www.econbiz.de/10012258248

Acquisition for sleep

Norbäck, Pehr-Johan; Olofsson, Charlotta; Persson, Lars - 2020

Within the policy debate, there is a fear that large incumbent firms buy small firms' inventions to ensure that they are not used in the market. We show that such "acquisitions for sleep" can occur if and only if the quality of a process invention is small; otherwise, the entry profit will be...

Persistent link: https://www.econbiz.de/10012162423

Automating labor : evidence from firm-level patent data

Dechezleprêtre, Antoine; Hémous, David; Olsen, Morten; … - 2020

Persistent link: https://www.econbiz.de/10012196895

Trade, innovation and optimal patent protection

Hémous, David; Lepot, Simon; Sampson, Thomas; … - 2023

Persistent link: https://www.econbiz.de/10014436753

Trade, innovation and optimal patent protection

Hémous, David; Lepot, Simon; Sampson, Thomas; … - 2023

This paper provides a first comprehensive quantitative analysis of optimal patent policy in the global economy. We introduce a new framework, which combines trade and growth theory into a tractable tool for quantitative research. Our application delivers three main results. First, the potential...

Persistent link: https://www.econbiz.de/10014431300

Creative Destruction and Productive Preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2009

We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...

Persistent link: https://www.econbiz.de/10010320309

Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2011

Persistent link: https://www.econbiz.de/10008989291

Creative destruction and productive preemption

Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - 2013

We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are … are shown to be solved by verification through entry for sale. -- acquisitions ; entrepreneurship ; innovation ; start …

Persistent link: https://www.econbiz.de/10009691699