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Intellectual property protection mechanisms (IPPMs) are critical to fostering innovation and their relevance has grown …
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innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … exploration that would otherwise accrue to the entrepreneurs. Stronger patent protection will increase the incentive to do R&D and … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …
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, should step up innovation efforts and improve corporate governance practices. To this end, supportive policies are needed …, fostering an environment that is more conducive to innovation and entrepreneurship, and facilitating resource reallocation …
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We use an exogenous change in German Federal law to examine how entrepreneurial support and the ownership of patent … of patent rights from university researchers to their universities. Based on a novel researcher-level panel database that … increase in start-up companies by university researchers. The shift in patent rights may have strengthened the relationship …
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