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This paper investigates the relationship between product market competition (PMC) and innovation. A Schumpeterian growth model is developed in which firms innovate ѳtep-by-stepҬ and where both technological leaders and their followers engage in R&D activities. In this model, competition...
Persistent link: https://www.econbiz.de/10010292944
panels of UK and US firms matched to patent data we show that UK firms who had established a high proportion of US …
Persistent link: https://www.econbiz.de/10010293047
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/10010297565
We explore the tail of patented invention value distributions by using value estimates obtained directly from patent …
Persistent link: https://www.econbiz.de/10010297567
In our days, German machine tool makers accuse their Chinese competitors of violating patent rights and illegally … American technology. To understand the dynamics of this catching-up process we use patent statistics to analyze firms … this strategy by stipulating a patent law that discriminated against foreign patent holders and probably also by delaying …
Persistent link: https://www.econbiz.de/10010299540
these stocks. A two-factor model including market return and patent activity growth - the proxy for creative destruction …
Persistent link: https://www.econbiz.de/10010302531
We formulate a simple model of optimal defensive disclosure by a monopolist facinguncertain antitrust enforcement and test its implications using unique data on defensivedisclosures and patents by IBM during 1955-1989. Our results indicate that strongerantitrust enforcement leads to more...
Persistent link: https://www.econbiz.de/10010326178
In this paper, we examine new Internet ecosystem strategies through comprehensive OECD PATSTAT patent data analyses … focusing on mobile operating system software firms. We also describe current patent disputes between mobile hardware firms and …
Persistent link: https://www.econbiz.de/10010326884
Persistent link: https://www.econbiz.de/10010328619