Many industries, in particular high-tech industries, have experienced the (re-)emergence of patent pools that … determinants of co-existing patent pools. In this framework, we discuss the decision to create competing patent pools against the … background of the trade-off between decreasing returns to patent pool size and a profit-reducing competition effect. We show that …

bank lending on firm innovation. In order to do so we combine various datasets to derive information on firms' financials … provide support for the "less finance, less innovation" view. At the same time, we show that lower available financial …, less but better innovation" pattern. …