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their inward looking or exploitationʺ attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that explorationʺ, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10003211779
their inward looking or exploitation attitude in R&D and innovation. We argue that because of sunk costs and learning …. Among other things, this suggests that exploration, which leads to the opening of new innovation trajectories, requires not …
Persistent link: https://www.econbiz.de/10010328525
way firms profit from innovation according to the stage of industry evolution. We argue that in early stages of industry …
Persistent link: https://www.econbiz.de/10014055448
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We geocode a data set of patents and their citation counts, including citations from abroad. This allows us to examine both the quantity and quality of local inventions. We also refine our data on local academic R&D to explore effectsnfrom different fields of science and sources of R&D funding....
Persistent link: https://www.econbiz.de/10012906220
This paper develops a simple duopoly model in which investments in Ramp;D and patents are inputs in the production of firm rents. Patents are necessary to appropriate the returns to the firm's own Ramp;D, but patents also create potential claims against the rents of rival firms. Analysis of the...
Persistent link: https://www.econbiz.de/10012706230
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