these stocks. A two-factor model including market return and patent activity growth - the proxy for creative destruction …

In recent years, firms have increasingly contributed to and been confronted with a patent landscape characterized by … numerous but marginal inventions, overlapping claims and patent fences. Literature suggests that both the fragmentation of … ownership and the threat of a firm's patent applications being blocked by competitors' patents lead to increased patenting and …

challenger invests more into R&D in order to enter a new market than the incumbent. Thus, the patent racing model by Reinganum …

verwerteten Patenten misst. Nach unseren Berechnungen sind Unternehmen der USA in den Jahren 2010 bis 2019 für mehr als die Hälfte …. 9%. Bei den Ankerpatenten, die diesen Durchbrüchen zugrunde liegen, ist die Dominanz der USA mit 62% sogar noch größer … monetarily, such as patent applications and scientific publications, but solely in terms of patents exploited. According to our …

We explore the tail of patented invention value distributions by using value estimates obtained directly from patent …

Using patent citation data for the U.S., we test whether knowledge spillovers in biotechnology are sensitive to …

This paper examines Total Factor Productivity (TFP) and knowledge flows, using international patent data. The result is …